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


To: Tecinvestor who wrote (7937)3/22/2000 1:56:00 PM
From: Gerald Walls  Read Replies (2) | Respond to of 24042
 
Alcatel Plans Complaint to U.S. About JDS Uniphase's E-Tek Buy

The arbitrage position is definitely being wiped out. Someone is dumping ETEK and presumably buying JDSU. Buying ETEK for JDSU sure didn't work.

ETEK at 220 and JDSU at 129 is a strong statement that the experts with the money don't think it's going through.

ETEK hit 218 as I typed this.