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


To: Dalin who wrote (11630)7/21/2000 10:31:21 AM
From: Venkie  Respond to of 24042
 
No matter how you look at it..jdsu is going up hard..hype...technical..fundamentals...doesn't matter...people just hv to own the stock and I say 160/200 is a no brainer..I am going to buy options at this period since I hv cash.



To: Dalin who wrote (11630)7/21/2000 10:35:04 AM
From: Winston Lee  Read Replies (1) | Respond to of 24042
 
Spread widening to 15.6% at the current price of JDSU $129 and SDLI $424. I'm still waiting for the arbs to panic, which may occur if it widens to above 19.5% spread - the day the merger was announced. Fundamentals have nothing to do with how both stocks will trade - only S&P 500 news, the likelihood of merger going through and arbs behavior.

DOJ blocked Worldcom merger; I don't see how they will allow JDSU/SDLI merger when the combined company will control nearly the entire market for certain fiber optic components.