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Technology Stocks : Bookham Technology -- Ignore unavailable to you. Want to Upgrade?

To: Pete Jackson who wrote (289)	10/22/2003 1:33:52 PM
From: The Ox	Read Replies (1) \| Respond to of 376

The stockholders of New Focus may elect to receive the shares in the form of New Ordinary Shares or Bookham American Depository Shares. Immediately prior to the completion of the acquisition, New Focus will make a cash distribution of approximately 86 million ($140 million) to its stockholders by way of a capital repayment. After consideration of this distribution and anticipated net cash outflows prior to completion, New Focus' cash at the anticipated closing date in December 2003, net of expected transaction costs, is expected to be approximately 65 million ($105 million). Looks like you will get about $1000 dollars or $2/share.