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

To: Guy Gordon who wrote (6458)	2/17/2000 11:52:00 PM
From: John Waddell, Ph.D	Respond to of 24042

Head of the FTC spoke today and said they were going to be tougher on mergers. I think this is a factor in why JDSU did not go up today and that there was a significant increase in the spread between JDSU and ETEK. He noted specifically that they would focus on industries where there were a lot of mergers and mergers between competitors. (Seems like the current state of FO to me.) However, he also noted that mergers can increase cost-efficiencies, and this is good for consumers. (Also seems like the current state of FO to me.) He spoke earlier in the day, but I saw him on CNN's Moneyline this evening. John Waddell