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


To: Kent Rattey who wrote (11730)7/23/2000 4:00:33 PM
From: pat mudge  Read Replies (2) | Respond to of 24042
 
Kent --

Thanks for ATML heads up.

I've been reading quite a few comments speculating on JDSU splitting again so I went back to their archives, including pre-JDSFitel merger, to check out their history.

July 6, 1999 JDSFitel merger final.
July 8, 1999 annc stock split [record date July 23]

Sept. 28 propose stock split [record date Dec 17, payment date Dec 29]
Oct 4 Acquires EPITAXX
Nov 4 annc OCLI acq
Nov. 15 complete EPITAXX
Nov 22 annc SIFAM acq
Dec. 16 complete SIFAM
Dec. 16 [split approved, record date Dec. 29]

Jan 3 propose stock split [Record date Feb 25, payment date Mar 10]
Jan 17 annc ETEK acq

From what I can tell, JDSU has never announced a split while transacting a major acquisition. The split announcements were either made before the acquisitions were announced or after they were complete. Based on their history, I would find it surprising if they announced a split before SDLI closes.

Just my novice opinion. . .

Pat