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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?

To: Kent Rattey who wrote (894)	8/27/1999 9:26:00 PM
From: Glenn McDougall	Respond to of 24042

Hot Stocks Fri, 27 Aug 1999, 9:19pm EDT U.S. Equity Preview: JDS Uniphase, Phelps Dodge, AFC Cable By Cesca Antonelli U.S. Equity Preview: JDS Uniphase, Phelps Dodge, AFC Cable New York, Aug. 27 (Bloomberg) -- The following is a list of companies whose shares may move in U.S. markets Monday, Aug. 30. U.S. Equity Preview includes news that broke after the markets closed. Friday's closing prices are included. The stock symbol is in parentheses after the company name. American International Group Inc. (AIG): The largest U.S. insurer by market value said it'll buy back as many as 10 million shares of its outstanding common stock. American International Group fell 1 11/16 to 97. American Medical Security Group (AMZ): The insurer, which sells health-care benefits to small businesses, said it'll appeal a $6.9 million federal jury decision that came yesterday. Skilstaf Inc. sued the company for alleged contract irregularities in 1996. American Medical fell 1/16 to 8 7/8. JDS Uniphase Corp. (JDSU): The No. 1 maker of parts for fiber-optic equipment in phone networks was raised to ``strong buy' by analyst Mark Langley at Gruntal & Co. Langley expects the stock to reach 185 within 12 months. JDS fell 5 5/16 to 110 3/16. Phelps Dodge Corp. (PD): The largest U.S. copper producer said it'll take its $2.57 billion bid for Asarco Inc. (AR) and Cyprus Amax Minerals Co. (CYM) directly to shareholders, after management at the smaller rivals said it's too low. Phelps Dodge fell 1/16 to 56 5/8. Asarco fell 1/16 to 22 11/16. Cyprus fell 1/4 to 17 9/16. Robocom Systems International Inc. (RIMS): The maker of warehouse-management software's fiscal fourth-quarter loss narrowed to 12 cents a share from a 13-cent loss a year ago. Revenue for the quarter ended May 31 fell to $1.9 million from $2.5 million last year. Robocom rose 1/2 to 1 7/8. Safety-Kleen Corp. (SK): The third-largest U.S. waste- disposal company agreed to acquire a unit of Valvoline Co. for an undisclosed price to enlarge its used-oil collection business. The purchase will solidify its No. 1 position in the used-oil collection and re-refining business. Safety-Kleen rose 1/16 to 12 7/8. Thomas & Betts Corp. (TNB): The maker of electronic components and connectors said it won't increase its $490 million bid for AFC Cable Systems Inc. (AFCX) to beat another offer. Cable and wire maker AFC said it will terminate the merger agreement with Thomas & Betts if its offer doesn't match the unnamed competitor's. Under that agreement, Thomas & Betts wins a $16 million termination fee. Thomas & Betts rose 7/16 to 42 13/16. AFC fell 3/8 to 35 1/2. Tickers: AFCX, JDSU, PD