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Strategies & Market Trends : Special Situation Stocks(Mergers, Buy Backs, Spin Offs.....) -- Ignore unavailable to you. Want to Upgrade?


To: John Liu who wrote (2)4/8/2000 8:24:00 PM
From: PartyTime  Respond to of 3
 
GE-owned ADLT has a fiberoptic telecommunications subsidiary named Deposition Sciences, Inc. (DSI). DSI has former OCLI scientists (same Santa Rosa, CA neighborhood) and the same Asian distributer as JDSU. Some ADLT watchers think DSI could be a cloaking operation for GE's fullscale entry into the redhot fiberoptic sector.

GE owns 25 percent of ADLT and has provisions within ADLT's SEC filings for taking over a majority in voting rights. At present, all GE need do is team up with the proxy of the Chair/CEO and President/CIO and a majority is attained.

Keep a watch on the ADLT-DSI combo. The stock immediately recovered, and more, following last week's tech drop.

Most of the substantive info is getting posted on the ADLT Yahoo board, similar to how LPTHA evolved. LPTHA, by the way, is a pretty good benchmark for ADLT-DSI.