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

To: Kayaker who wrote (16598)	1/17/2001 12:44:51 AM
From: pat mudge	Respond to of 24042

Wow! I wasn't expecting NT, but it does make sense. The outlined agreement calls for Nortel to pay mostly shares to acquire the Zurich plant, the people said. Nortel, the biggest maker of fiber-optic equipment, also is prepared to increase spending on JDS products as part of the agreement, they said. Looks like they'll be a bigger customer and a bigger competitor. I believe Roth made it pretty clear their component division would focus in-house and on their customers, not so much competing in the larger market. Sounds like something out of Aesop's Fables. Pat

To: Kayaker who wrote (16598)	1/18/2001 1:42:32 PM
From: Kayaker	Read Replies (2) \| Respond to of 24042

Looking for a rate cut... Consumer Confidence at Three-Year Low By Betsy Stark ABCNEWS.com Wednesday January 17 08:39 PM EST Consumer confidence is at its lowest in three years as stock market losses, layoffs and continued bad economic forecasts are taking their toll on Americans nationwide... dailynews.yahoo.com NAHB Sees Five Percent Drop in Home Sales Wednesday January 17 2:01 PM ET NEW YORK (Reuters) - The National Association of Home Builders (NAHB) said on Wednesday stock market woes and declines in consumer confidence drove its January housing market index to a three-year low and predicted a five percent decline in sales activity in 2001... dailynews.yahoo.com U.S. mid-Atlantic manufacturing collapses in Jan Thursday January 18, 1:20 pm Eastern Time By Ross Finley NEW YORK, Jan 18 (Reuters) - Manufacturing in the highly industrial region surrounding Philadelphia shrank in January to its worst state of decline in more than a decade, the Federal Reserve Bank of Philadelphia said on Thursday. In a report that jolted financial markets, the Philadelphia Fed said its index of business conditions in the mid-Atlantic region slid ``precipitously'' to -36.8 in January, from -4.2 in December, contracting for the second straight month. It was the index's lowest level since December 1990, and far below the -8.2 economists surveyed by Reuters had expected... biz.yahoo.com