SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : SDLI - JDSU transition

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: FR1 who wrote (533)3/4/2001 4:10:45 PM
From: pat mudge  Read Replies (2) of 3294
 
You would think that there would be law suits on behalf of JDSU shareholders too since JDSU is the one that really got the bad end of the deal

There are several ways to look at it. First, JDSU had to sell Zurich. NT obviously had the biggest offer and even with the stock dropping, we don't know if the second highest offer would have ended up being any better.

Second, the stock is locked up for a year and it's anyone's guess where NT will be by then.

Third, JDSU stock isn't any more impacted by NT's downfall than it would have been without it. Fiber optics as a whole is in the penalty box and will be until the market decides otherwise.

And finally, NT shareholders are left holding the bag while JDSU shareholders will rebound on good news not related to NT.

Besides which, law suits benefit lawyers, not shareholders.

Pat
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext