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


To: t2 who wrote (4681)1/18/2000 11:10:00 AM
From: SJS  Read Replies (1) | Respond to of 24042
 
T2,

Don't think so. Look at the math. ETEK holders will eventually get 1.1 of JDSU. Right now JDSU is at 192, so 1.1 @ 192 = 211.

ETEK is selling for 181.

SO.......ETEK has 30 points, or 16.57% (30/181) to yet "improve" to make the mark of 211.

That's sweet! So Buy ETEK and make an additional 16.57% and get 1.1 JDSU shares for each ETEK share you own.

The risks of regulatory approval and time are both worth considering for this extra premium.

Steve