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Gold/Mining/Energy : JDS Fitel

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To: Sultan who wrote (622)1/28/1999 7:35:00 PM
From: michael a. rowe  Read Replies (2) of 815
 
My take on this and I hope I'm wrong, is that it is not the great deal that everyone thinks. Looks like unph shareholders will get a 1 to 1 exchange for the new corporation as we get .5 to 1. (I hope I'm wrong)
This means that we as JDS shareholders get less for each dollar of earnings than unph....and they are growing at a smaller rate.....whats JDS growth rate.....about 75% overall...and over 100% for core products. unph is growing at about 40% .......if this is the way the deal is structured...they get 1 to 1 and we get .5 to 1....
I believe my JDS investment is being diluted by some overvalued american company. I do hope I am wrong.
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