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

To: sam who wrote (12088)7/27/2000 9:36:49 AM
From: Curtis E. Bemis  Read Replies (1) | Respond to of 24042
 
GLW/NT deal off ???? Source, please



To: sam who wrote (12088)7/27/2000 9:38:46 AM
From: Boplicity  Read Replies (2) | Respond to of 24042
 
09:30 ET Corning Inc (GLW) 258 1/8: Corning and Nortel (NT) announce that they were in preliminary talks concerning NT's optical components business but that the talks have ended. This should help GLW, which traded off sharply when the potential deal was reported by the WSJ on Monday.



To: sam who wrote (12088)7/27/2000 9:44:38 AM
From: pat mudge  Respond to of 24042
 
GLW/NT deal off.

Trial balloon fizzled.

Interesting since Don Scifres has said for the past two years they couldn't merge with any of their major customers because the others would not want to continue doing business. Same reasons given by NT press.

Actually, in this constrained environment, I think they would, at least temporarily.

Pat


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