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Technology Stocks : SDLI - JDSU transition -- Ignore unavailable to you. Want to Upgrade?

To: marginnayan who wrote (2377)	9/4/2001 11:54:21 AM
From: Kent Rattey	Read Replies (1) \| Respond to of 3294

I haven't looked into them, but it's Capital Group International, Inc. which filed a 13G on 7/31/01: ragingbull.tenkwizard.com They could be acquired, but not for the peanuts their selling for now: Avanex, which makes processors for fiber optic networks, said that under the plan it will issue a dividend of one right for each share of common stock, par value of $0.001 per share, held by stockholders of record on Sept. 1. The plan is designed to ensure that stockholders receive fair value in the event of a proposed unsolicited business combination or similar transaction involving the company, it said. Avanex noted that the plan was not adopted in response to any attempt to acquire the company and said it was not aware of any such efforts. Each right would initially entitle stockholders to purchase a fractional share of the company's preferred stock for $50.00. Avanex shares were trading on the Nasdaq Friday afternoon at $8.84, down 5 cents on the day and way below the 52-week high of $161.37.