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

To: Larry S. who wrote (2465)	12/1/1999 7:50:00 PM
From: John Carragher	Read Replies (1) \| Respond to of 24042

Larry buying cien to get tlab about a year ago was a no brainer. It blew up on the last day. If you want jdsu imo buy jdsu........

To: Larry S. who wrote (2465)	12/1/1999 8:39:00 PM
From: t2	Read Replies (1) \| Respond to of 24042

Are canadien funds a factor, or is everything is US dollars? It has nothing to do with Canadian funds (OCLI acquisition). All in US dollars. I have also bought some OCLI. The longer this discount remains before the deal goes through, the better OCLI looks to me. I am expecting the discount to start decreasing at some point. Once i see a significant decline, i am going to sell OCLI and pick up JDSU. Of course that decision depends upon tax considerations as well but that is not a factor in retirement accounts. I don't remember what happened with CIENA/Tellabs a while back but think it had to do with accounting or other matters that were not disclosed to the Tellabs. In this case, we are in the fast growing fibre optics sector and most of these companies run at or near capacity. I don't expect any surprises on this one. That is why i think the risk is not that much(IMHO of course). Good Luck

To: Larry S. who wrote (2465)	12/1/1999 8:41:00 PM
From: dangergirl	Respond to of 24042

Given this information-- it seems like you would be better off selling jdsu and buying ocli( today at least)

To: Larry S. who wrote (2465)	12/1/1999 9:56:00 PM
From: Guy Gordon	Respond to of 24042

RE: "...buying OCLI to get JDSU seems like a no-brainer." We've discussed this on this thread. Yes, if you buy OCLI now, and the deal goes through, you will get your JDSU shares at a discount. But it is not a no-brainer. You are being offered that premium for a reason. Part of it is the time-value of money. But a bigger part is the possibility that the deal will not go through. OCLI jumped 50% when the deal was announced. It would not be surprising for it to fall 33% if the deal failed. That is the risk you face owning OCLI right now. Someone else pointed out the (small IMHO) countervailing possibility of a higher offer for OCLI from a third party. Not saying you shouldn't own OCLI. Just saying be aware of the risk. TANSSAAFL.