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


To: SJS who wrote (4688)1/18/2000 12:13:00 PM
From: t2  Read Replies (2) | Respond to of 24042
 
I dumped my ETEK this morning to pick up a lot of Ortel (ORTL). I remember reading the press release making reference to other possible acquisitions--in source and pump lasers as well as signal modulators.
I decided that Ortel was a great speculative buy--got a bargain at about 102 to 104 range for my buy orders. In the Merrill Lynch cc a while ago, Ortel was listed as JDSU's competitor but is smaller than either of SDLI or ETEK.
The stock has since started moving up. I am planning to hold this one until i see an acquisition. Sure would solve some of JDSU's capacity problems. Just my humble opinion.