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

To: KM who wrote (11872)7/25/2000 11:36:35 PM
From: jhg_in_kc  Read Replies (2) | Respond to of 24042
 
Does this mean a sell off in the last hour? <What she called "excessive trading" due to short-covering and unwinding of the JDSU-SDLI arbitrage position on July 20-21 was significant enough to meet indexers' demand.

"These factors point to a risky close on July 26," according to Garnick. "Given the earnings announcement after the close of July 26, active funds may not wish to extend their holding beyond the close."


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