Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: t2 who wrote (11541)	7/20/2000 9:17:33 AM
From: pat mudge	Respond to of 24042

www2.marketwatch.com Last Update: 9:24 AM ET Jul 20, 2000: NewsWatch Indications ADR Report Thursday, July 20, 2000 JDS, SDL join the big boys --9:24 am - By Tomi Kilgore JDS Uniphase (JDSU: news, msgs) is flying 21, or 20 percent higher, to 127 3/4 in pre-market trading. Standard & Poor's announced after Wednesday’s close that the maker of components for the fiberoptic communications market will be added to its benchmark S&P 500 index ($SPX: news, msgs) after the close of trading on July 26. The company will replace Rite Aid (RAD: news, msgs) which is being booted for lack of representation. Rite Aid is trimming 3/16 from its NYSE close to 5 in Instinet. SDL Inc. (SDLI: news, msgs) is rocketing 64 3/8, or 18 percent higher, to 424. On July 10, JDS agreed to acquire the company in a $41 billion stock deal. newsalert.com July 20, 2000 07:11 HEADLINE STOCKS - Issues to watch on July 20 NEW YORK, July 20 (Reuters) - U.S. stocks to watch on Thursday: - International Business Machines Corp. on Wednesday reported a 1 percent revenue decline, redeemed by earnings that beat estimates and comments by the world's No. 1 computer maker that it was on the brink of climbing out of a year-long sales rut. Its stock closed at 103-1/2. - Standard & Poor's said Wednesday it will replace drug store chain Rite Aid Corp. in the S&P 500 Index with fiber optic company JDS Uniphase Corp after the close of trading on Wednesday, July 26. Rite Aid closed at 5-3/16 while JDS closed at 106-3/4. - German telecommunications giant Deutsche Telekom AG is in talks to acquire U.S. wireless telephone company VoiceStream Wireless Corp. in a deal valued at $53 billion or $205.60 a share, a source familiar with the situation said. VoiceStream closed at 145-1/2. - Lucent Technologies Inc. posted third quarter earnings of 29 cents a share and said it plans to spin off its microelectronics business. The stock closed at 64-11/16.