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

To: taxman who wrote (4875)1/20/2000 7:08:00 PM
From: FR1  Read Replies (4) | Respond to of 24042
 
Somebody straighten me out on this.

As I understand, JDSU will give 1.1 shares for each share of ETEK. Does that mean that ETEK shares should be 1.1 times JDSU? JDSU is about 239 so ETEK should be (1.1)(239) = 262.90 but ETEK is 234.

Does this mean that ETEK is the correct play for this merger and not JDSU?



To: taxman who wrote (4875)1/20/2000 7:22:00 PM
From: TigerPaw  Read Replies (1) | Respond to of 24042
 
it won't take long ...
JDSU has already blown by most of my holdings to take 3rd place. It reached another milestone since the 440 shares are over $100K. It's threatening to overtake the 3500 shares of Dell in dollar amounts. (And I have hardly done anything with this stock while I nurtured and built other positions for a long time). I'm getting that Let's go on margin feeling again, and that's always a bad sign.
TP


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