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To: Bob Howarth who wrote (2409)9/20/2000 12:49:44 PM
From: Ian@SI  Respond to of 3891
 
Bob,

The OptoElectonics stocks are selling at astronomical multiples even when compared with Comm Equipment stocks.

NT had talked about getting 1/2 of GLW for its OptoElectronics division, but for undisclosed reasons the deal was never completed.

Essentially, if these companies want to continue expanding their expertise and capabilities in the OptoElectronics area, they need a better currency than their own shares.

Or at least that's my take on what's happening.

Ian.