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


To: t2 who wrote (1716)11/4/1999 8:22:00 AM
From: Jenne  Read Replies (1) | Respond to of 24042
 
188 premarket



To: t2 who wrote (1716)11/4/1999 8:29:00 AM
From: Guy Gordon  Respond to of 24042
 
OCLI shares soar: cbs.marketwatch.com

Under the agreement, 0.928 of JDS shares will be
exchanged for each outstanding Optical Coating stock.
Based on Wednesday's closing prices, that values
Optical Coating shares at about $177.65, a 49 percent
premium. JDS shares were down 3 15/16 to 187 1/2.



To: t2 who wrote (1716)11/4/1999 8:36:00 AM
From: Guy Gordon  Read Replies (2) | Respond to of 24042
 
You are dead right about the exposure this stock is getting. Investor's Business Daily couldn't do more for this stock if they put BUY JDSU in big bold letters on the front page. :-)

None-the-less I expect a drop this morning simply because of dilution due to the purchase of OCLI.

It reminds me of Yahoo and how they were able to acquire while traditional companies could not. As a result they became very large.
The good thing about JDS is that it is not an internet company and still able to do this!!!


Actually, JDSU is an internet equipment provider. Where else is all that stuff going? :-) This is really the best way to play the internet.