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To: Dale Baker who wrote (14689)1/17/2000 10:19:00 PM
From: JamessmithRead Replies (1) | Respond to of 118717
 
Here is the reason why VTEK will go up at least 50% within days:

Technically,
the stock is ready to move up, as all technical indicators appear
bullish, including Composite Indicator TrendSpotter (TM), 7 Day Directional
Indicator, 10 - 8 Moving Average Hilo Channel, Price vs. 20 Day Moving
Average, 20 - 50 Day MACD Oscillator, 20 Day Bollinger Bands, 40 Day
Commodity Channel Index, Price vs. 50 Day Moving Average, 20 - 100 Day
MACD Oscillator, 50 Parabolic Time/Price, 60 Day Commodity Channel Index,
Price vs. 100 Day Moving Average, and 50 - 100 Day MACD Oscillator.

Fundamentally: it's grossly undervalued:

Recent Price: $4.3125
52-Week Range: $1.875 to $5
Beta:1.03
Daily Volume (3-month avg): 25K
Daily Volume (10-day avg): 76K
Market Capitalization: $18.7 M
Shares Outstanding: 4.34M
Float: 2.60M
Book Value (mrq): $2.69
Revenues (last 12 months): $48.6 million
Earnings (last 12 months): $0.32
Earnings (last quarter): $0.14
Price/Book (mrq):1.58
Industry Prie/Book (mrq): 18.56
Price/Earnings (ttm): 13.3
Industry Price/Earnings (ttm): 48.13
Price/Sales (ttm): 0.3
Industry Price/Sales (ttm): 13.11
Hold by Insider: 40%

Company's Website: vodavi.com

James



To: Dale Baker who wrote (14689)1/17/2000 10:27:00 PM
From: xcr600Read Replies (1) | Respond to of 118717
 
Monster news--- JDSU/ETEK to merge......... Merger Monday in vogue again.

cbs.marketwatch.com

JDS nets E-Tek in $15 bln stock deal

By Anne Stanley, CBS MarketWatch
Last Update: 8:46 PM ET Jan 17, 2000 NewsWatch

SAN JOSE -- JDS Uniphase is buying E-Tek Dynamics in an all-stock deal valued at $15 billion, the two telecommunication equipment makers announced Monday.

E-Tek shareholders will receive 1.1 shares of JDS Uniphase common stock for each share of E-Tek. Following completion of the deal, E-Tek (ETEK: news, msgs) will be a wholly-owned subsidiary of JDS (JDSU: news, msgs).




E-TEK has approximately 2,450 employees and reported revenues of $72.5 million in its second quarter ended January 1, 2000.

JDS Uniphase has more than 8,200 employees and reported sales of $230.1 million in its first quarter ended September 30, 1999. JDS Uniphase also is in the process of buying Ontario-based Optical Coating Laboratory, Inc. (OCLI: news, msgs) for about $2.8 billion in stock.

E-Tek shares rose 6 3/16 Friday to close at 135 7/8. JDS Uniphase was up 4 1/2 to end at 192 3/16 and Optical Coating leaped 7 7/8 to close at 353 1/2.

E-Tek, which designs and makes components and modules for fiber optic systems, said last week that its second-quarter earnings totaled 20 cents a share compared to 11 cents in the year-ago period. Analysts expected the company to earn 17 cents a share. The company makes passive components used in fiber-optic networks to route and guide light, according to Hoover's Online. Alcatel, Pirelli, and Corning (GLW: news, msgs) together account for about 60 percent of E-Tek's sales.

JDS Uniphase, headquartered in San Jose, Calif., and Nepean, Ontario, also designs and makes a wide range of fiber optics products, particularly for the telecommunications and cable TV industries. The company's chips are used in communications to increase the carrying capacity of optical fibers. JDS Uniphase also makes equipment for identifying microscopic defects in semiconductor wafers. Formed from the 1999 merger of JDS FITEL and Uniphase, JDS Uniphase sells to central switching stations, research labs, makers of bar code scanners, and telecom companies. About 40 percent of its sales are outside the US, according to Hoover's.

The merger between E-Tek and JDS Uniphase will "enable a more rapid scaling of operations, bringing greater volume and a broader range of products to customers faster," the two companies said in a statement.

Kevin Kalkhoven, JDS Uniphase Co-Chairman and Chief Executive Officer, was quoted in the statement, "We are very pleased to be joining E-TEK with JDS Uniphase. As a combined entity, we expect to have deeper resources to continue our strategy of expanding our scale and scope to enable the industry to fulfill the optical promise of unlimited bandwidth."