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To: Raj Ramaswamy who wrote (497)3/23/2000 8:18:00 AM
From: wlheatmoon  Read Replies (1) | Respond to of 540
 
the feds review all mergers.

the news yesterday just said ALA, a big customer of ETEK, wanted to delay the merger (not stop it).

this brings a little uncertainty to the deal, thus, the market gets to play with the stock. uncertainty creates risks and opportunities.

my view is that ETEK is a great play in the fiberoptics regardless of whether or not JDSU buys them out. they make components that are vital,,,otherwise, ALA wouldn't be making a stink.

i believe JDSU/ETEK merger will go through, and the ALA complaint is really a nonevent. however, this is obviously one person's opinion.

good luck.



To: Raj Ramaswamy who wrote (497)3/23/2000 8:58:00 AM
From: wlheatmoon  Respond to of 540
 
HO HO HO

biz.yahoo.com Press Statement
BUSINESS WIRE - March 23, 2000 07:15
DALLAS, Mar 23, 2000 (BUSINESS WIRE) -- In response to a newswire report issued Wednesday, March 22, Alcatel today issued a statement that the newswire report does not accurately represent its position regarding the proposed merger between Alcatel's suppliers JDS Uniphase and E-Tek Dynamics Inc.
Alcatel has not filed an opposition to the proposed merger. Any discussions involving Alcatel with the Justice Department have been to provide factual industry information requested by the Justice Department. Krish Prabhu, Chief Operating Officer of Alcatel Telecom stated, "We value the relationships we have developed with both JDS Uniphase and E-Tek and have been in discussions with them to ensure that Alcatel's long term interests will be protected. We look forward to continuing good relationships after the merger is completed."

About Alcatel

Alcatel builds next generation networks, delivering integrated end-to-end voice and data networking solutions to established and new carriers, as well as enterprises and consumers worldwide. With 120,000 employees and sales of EURO 23 billion in 1999, Alcatel operates in more than 130 countries.

Distributed via COMTEX.

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