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To: edamo who wrote (5277)3/20/2000 10:04:00 AM
From: Jill  Read Replies (1) | Respond to of 8096
 
morning, eduardo. Just lurked the JDSU thread, some fund manager sold all his JDSU and bought SDLI because he's worried about the deal, I guess that scared some threadsters.

Clarification: I still can't get my head wrapped around buying one company in order to get another (as in COMS-PALM, ETEK-JDSU, etc). The discount didn't seem worth the risk to me.

Are you buying CSCO today or waiting until later in the week post-split?

flygal



To: edamo who wrote (5277)3/21/2000 12:13:00 AM
From: steve mamus  Read Replies (1) | Respond to of 8096
 
Love your posts.
Always look for red flags, they are often there for a reason. I would be very, very wary on an arbitrage play if the pros are getting cold feet. One wonders about the staying power of the individual investor if a prolonged tanking of the market were to occur. I would not anticipate this but the biggest mistake for an investor is to assume anything and to take things for granted. The longer I do this the more I feel that you have to question everything. If you do, you get to invest for another day. Rule #1 protect your capital, question everything, and don't fall in love with a stock, a sector, or a concept. New killer wireless ap from Seattle? What you think?

DoK