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Technology Stocks : SDL, Inc. [Nasdaq: SDLI] -- Ignore unavailable to you. Want to Upgrade?

To: pat mudge who wrote (2585)	8/17/2000 9:44:37 PM
From: PLeaps	Read Replies (1) \| Respond to of 3951

Nortel, JDS Uniphase in Talks to Ease SDL Purchase By Erik Schatzker Brampton, Ontario, Aug. 17 (Bloomberg) -- Nortel Networks Corp. and JDS Uniphase Corp. are in talks on a multiyear supply agreement that would ease Nortel's concerns over JDS's proposed acquisition of SDL Inc. for $42.3 billion in stock. The agreement would guarantee Nortel a supply of fiber-optic components from JDS Uniphase, the biggest maker of such products, for several years. Nortel, the biggest maker of fiber-optic equipment, was JDS's No. 2 customer last fiscal year, accounting for 15 percent of its $1.43 billion in sales. ``We are exploring a range of options with JDS that would enable us to address the explosive demand for our optical systems and concerns relating to the proposed merger with SDL,'' Nortel spokesman Jeff Ferry said. ``Our biggest concern is maintaining supply.'' Nortel expects its sales of fiber-optic equipment to exceed $10 billion this year and needs to ensure it has enough components to make those products and to boost production in the future. If JDS acquires SDL, Nortel won't be able to buy components from one when the other runs out. SDL's main products are lasers used to amplify signals on fiber-optic networks. It also makes components that boost the capacity of those networks. Last month, Nortel and Corning Inc. discussed combining their component businesses to form a new company bigger than JDS. They called off talks over disagreements on how to value Nortel's unit and whether the combination would hurt Corning's sales by making it less independent. Terms Undecided While JDS Uniphase and Nortel have been talking since San Jose, California-based JDS unveiled the acquisition on July 10, the discussions are early and terms are undecided, Ferry said. JDS wants to buy rival SDL to further distance itself from Lucent Technologies Inc. and Corning as the dominant maker of parts used to send information on beams of light. JDS expects the acquisition will get close scrutiny from U.S. antitrust regulators, who typically poll customers to check for concerns. By gaining support from Nortel, JDS would clear a potential hurdle to its purchase. Nortel Chief Executive John Roth has said he's concerned about the impact the purchase of SDL could have on his business, since JDS would get even greater control over the supply of some key lasers and other components. JDS Chief Financial Officer Tony Muller declined to comment on negotiations with customers. ``We want to do anything we can to satisfy their needs,'' he said of Nortel. Shares of JDS rose 13/16 to 120 1/4 today. Nortel, based in Brampton, Ontario, rose 1/2 to 81 1/2, while SDL, based in San Jose, gained 7 3/4 to 383.

To: pat mudge who wrote (2585)	8/18/2000 12:27:30 AM
From: Wyätt Gwyön	Read Replies (4) \| Respond to of 3951

What Investors See in the Cienas of the World thestreet.com But Bollinger warns investors off from what he calls "the contrarian trap," where someone will exclaim something like, "Even if they grew at the current rate they wouldn't come to a normal P/E in 12 years!" "That's wrong-headed," says Bollinger, "because what you're trading on here is perception, not growth."

To: pat mudge who wrote (2585)	8/18/2000 1:45:15 AM
From: Yamakita	Read Replies (2) \| Respond to of 3951

Pat, now that we've got you looking at microcaps, what do you make of this: biz.yahoo.com Key paragraph here is: "``We are experiencing increasing demand for our opto-electronic support products, which accounted for approximately 25% of second quarter revenues compared to 8% of revenues for the same quarter last year,'' said Chuck Byrne, Hytek President and Chief Executive Officer. ``During the quarter, we made progress toward our goal to diversify and expand our customer base. We are pleased that our products are now being utilized in quantity by companies such as Alcatel and Lucent Technologies. We believe it lends credence to the design and quality of our products,'' noted Byrne. Byrne also noted that the Company had added many new opto-electronic customers during the recent quarter, including Avanex, JDS Uniphase and Lightlogic." Mon dieu, $30M market cap, Straus probably carries that around in his wallet.