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Technology Stocks : JDS Uniphase (JDSU)

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To: cyberman who wrote (17790)2/5/2001 4:30:05 PM
From: William  Read Replies (1) of 24042
 
why do you think that JDSU has such incredibly high short interest?


Go to your investing dictionary and look up arbitrage.
I sold 600 JDSU to buy 200 SDLI when it was a 2.95 ratio.
Others could have shorted JDSU and bought SDLI to do the same with low dollar outlay. The ratio is now like 3.7.
Nice move for those that did it.

William
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