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


To: cmg who wrote (3380)10/27/2000 11:22:40 AM
From: couldawoulda  Read Replies (1) | Respond to of 3951
 
Only one term you should factor into your buy that is of any consequence - 1 share of SDLI will be converted to 3.8 shares of JDSU. Playing the arbitrage if you feel the deal is going to go through, SDLI is the cheaper stock here - JDSU's current price is 80. 80 X 3.8 = 304. Current SDLI trade is 255. The gap has been there for a while and should remain until further word is given by the regulators. So far so good as SDLI reported in their CC. that all the necessary papers have been submitted, and JDSU reiterated that last evening. Target date for the merger closing is end of Dec.