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Gold/Mining/Energy : JDS Fitel -- Ignore unavailable to you. Want to Upgrade?

To: michael a. rowe who wrote (633)	1/28/1999 10:07:00 PM
From: reg	Read Replies (1) \| Respond to of 815

Well look at it this way. Uniphase's market cap is 3.3 billion U.S. JDS is 3.1 billion U.S. Now JDS is going to be talked about on CNBC and introduced big time to the U.S. investment community. Now they will trade on Nasdaq where hi-tech, hi growth companies are accorded very high pe's. The merger will allow JDS the type of exposure Nortel gets in the U.S. They are now the global giant in their field with a U.S. flavour. Fortune/Forbes mentions will become common place. It's got to be worth an extra 10-20 bucks per share as opposed to not doing the merger.