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

To: Murrey Walker who wrote (20833)7/25/2001 11:37:43 AM
From: ColtonGang  Respond to of 24042
 
8:14AM JDS Uniphase (JDSU) 9.17: CSFB thinks Furukawa is likely to liquidate a portion of its 126 mln share JDSU position, which could keep stock under pressure in the near term. Furukawa may need the cash to pay for its acquisition of Lucent's Optical Fiber Solutions business. The position represents approx. 4.7 days of avg. trading volume.



To: Murrey Walker who wrote (20833)7/25/2001 11:38:34 AM
From: Road Walker  Read Replies (1) | Respond to of 24042
 
From Briefing.com

08:14 ET JDS Uniphase (JDSU) 9.17: CSFB thinks Furukawa is likely to liquidate a portion of its 126 mln share JDSU position, which could keep stock under pressure in the near term. Furukawa may need the cash to pay for its acquisition of Lucent's Optical Fiber Solutions business. The position represents approx. 4.7 days of avg. trading volume.


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