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


To: CodeMogul who wrote (7804)3/17/2000 10:54:00 AM
From: SJS  Respond to of 24042
 
That chart of Guy's will have a big DOWN spike today, but we're still not even with JDSU.



To: CodeMogul who wrote (7804)3/17/2000 10:58:00 AM
From: SJS  Read Replies (1) | Respond to of 24042
 
Joe Kernan is getting silly on the air. Probably from lack of sleep with his new child. <g>

Now the big "sport" is reporting on stocks WHILE THEY HAVE THE GRAPH UP.

They all (CNBC anchors.....) get a real kick out of watching the money fly into these issues when they talk about them.

Witness any stock with a press release with "fiber", optics", etc. that gets reported on air by CNBC. The word lights up investors, for their perspective.



To: CodeMogul who wrote (7804)3/18/2000 7:58:00 PM
From: CodeMogul  Read Replies (3) | Respond to of 24042
 
As promised, here is the response from JDS Uniphase IR received yesterday at 5:30 PM.

>>>>
From: Barbara Mayo/US/UNIPHASE

There is much misinformation circulated on the message boards. Public documents and company press releases are more reliable.

To: Barbara Mayo/US/UNIPHASE

Subject: A couple of quick questions

Good morning,

My name is [CodeMogul], and I hold 200 shares of JDS Uniphase, and have rights to 600 more by option.

I, as well as a host of other people in the message board communities, have noticed the arbitrage spread widen between JDSU and ETEK. Unfortunately, the widening of this spread in the past few days has induced considerable conjecture as to its cause, despite the nausea-inducing swings in the NASDAQ and the NYSE. Recently, a contributor to the ETEK message board in Yahoo! made the claim that the JDSU acquisition of ETEK is currently undergoing scrutiny by the government, and additional information was requested of the two parties. This individual also indicated that neither JDS Uniphase or E-Tek Dynamics had furnished comment.

Here is the link to this message:
messages.yahoo.com

I don't follow the vitriol that usually pervades the Yahoo! boards. I keep my activity to places such as the Silicon Investor and ClearStation, where apparently more level-headed individuals choose to make thoughtful evaluations of stocks, fundamentals, and technical analysis. However, the rumor initiated by this individual is spreading, and I was hoping that you could clarify the situation.

I should disclose that I will post your clarification to the message boards I do frequent.

Thank you, and have a good weekend,

-[CodeMogul]