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

To: pat mudge who wrote (11027)	6/26/2000 7:42:00 AM
From: t2	Respond to of 24042

The approval of the JDSU/ETEK merger is great news. The move down late in the week is more to do with the Nasdaq's fall than anything else. There may have been some funds that will become overweighted in the combined company. As mutual funds don't like to be concentrated in a few stocks, it would lead some selling of either ETEK or JDSU by these types of funds. These kinds of adjustments are temporary and the stock should resume its climb to all time highs again (given SDLI/GLW gains), IMHO. I think all of the big optical stocks are about to make big moves. IMHO, the core holdings should be NT, GLW, JDSU---among the larger caps. I don't know if SDLI falls into the large cap category but I am waiting for another opportunity to buy it. BTW--The broadband conference this week (CSFB) takes place this week. I don't know if the fibre optics companies are presenting. It should be a positive.

To: pat mudge who wrote (11027)	6/26/2000 10:30:00 AM
From: Boplicity	Read Replies (1) \| Respond to of 24042

ENVER, June 26 (Reuters) - Fiber optics company Corning Inc. <GLW.N> on Monday said it had won a four-year supply deal worth more than $1 billion to sell optical fiber to networking startup Aerie Networks, which is building a nationwide, high-speed fiber optic system. The agreement covers 8.9 million fiber miles and makes Aerie Corning's largest customer for its Leaf fiber, Corning said. Under the supply agreement, Corning will supply Denver-based Aerie, founded last year, with optical fiber for its planned 20,000 mile nationwide broadband network. Aerie will begin laying conduit later this summer and plans to complete its network buildout in 2004, the company said. Corning's Leaf fiber allows higher levels of power to be transmitted through the fiber while gaining greater capacity, distance and lower system cost. After an opening delay because of an imbalance of orders, Corning shares were up 4-11/16 at 244-3/4 on the New York Stock Exchange.