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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (31165)	4/13/2000 4:16:00 AM
From: IQBAL LATIF	Read Replies (3) \| Respond to of 50167

E-Tek is strong lure for those interested in owning an optical component supplier.With 25 percent sequential growth in revenues, earnings ahead of expectations, and a favorable takeover ratio, E-Tek Dynamics [ETEK] announced earnings and revenues significantly higher than expectations yesterday. It also offered positive comments for operations going forward and was optimism on closing its merger with JDS Uniphase [JDSU] by the end of the quarter. The 18 percent discount from the merger target ratio, E-Tek is great opportunity for investors at this time. With JDS Uniphase currently trading at $99 per share, the takeover price is about $217 for E-Tek. from Fayad Abbasi..