SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: cyberman who wrote (17790)2/5/2001 4:30:05 PM
From: William  Read Replies (1) | Respond to of 24042
 
why do you think that JDSU has such incredibly high short interest?


Go to your investing dictionary and look up arbitrage.
I sold 600 JDSU to buy 200 SDLI when it was a 2.95 ratio.
Others could have shorted JDSU and bought SDLI to do the same with low dollar outlay. The ratio is now like 3.7.
Nice move for those that did it.

William