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Technology Stocks : Stock Swap

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To: nigel bates who wrote (14510)	6/23/1998 2:12:00 AM
From: Andrew Vance	Read Replies (6) of 17305

AV--If the sector does not turn around soon we may see casualties of war instead of acquisitions and mergers. YILD may not have the resources to remain viable. BTW-Long time ago we spoke of Uniphase whose Unipoint laser division was a jewel that TNCR (now part of KLAC) was very much interested in. The stock had been creeping up since last week in $1-$3 increments and then a new shareholder rights plan was announced and the stock went up an additional $7 today. I own a few shares but not enough to change my lifestyle<GGG> but still we have not heard word on anything that could cause this stock to be up over $10 in the last week. There is some hokey pokey in the air here and I am waiting to bail and then look at PUTS(if there are any) for the post news retracement. Andrew

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