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


To: donv who wrote (11267)7/11/2000 1:42:17 PM
From: SJS  Read Replies (1) | Respond to of 24042
 
T2,

I've done some checking. The street feels that they way overpaid. Sure...great optical growth rates, but this is going to hurt JDSU shareholders in the ST.

The safe play is sell JDSU, and buy SDLI. Lots of small players, including me, have just done that.

If you don't want to arb this, they try to time it by legging into the purchase of SDLI after one sells JDSU.

Steve