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

To: reg who wrote (715)2/5/1999 2:45:00 PM
From: Thomas Kelly  Read Replies (1) | Respond to of 815
 
I think currency risks are just part of the game. You are more upbeat about the Canadian dollar than I am. I doubt if we'll ever see par again, and even $80 seems a long shot.



To: reg who wrote (715)2/5/1999 3:04:00 PM
From: Thomas Kelly  Read Replies (1) | Respond to of 815
 
Actually, Sam, thinking again about your currency concerns, haven't you got it backwards? If the Canadian dollar goes up, we win. One UNPH share is worth 2 JDS shares, so if UNPH goes to US$100, JDS shares are worth US$50 each, irrespective of the exchange rate. At the moment that $50 is worth about $32.50 Canadian. If our dollar goes up to $0.80, each share would be worth $40 Canadian. N'est pas?



To: reg who wrote (715)2/5/1999 3:08:00 PM
From: Thomas Kelly  Respond to of 815
 
Sorry, reg, I called you Sam. (I'd just responded to a sam on another thread).



To: reg who wrote (715)2/5/1999 5:13:00 PM
From: Labrador  Respond to of 815
 
if you are concerned, why don't you hedge the risk yourself with futures? seriously, how complex do you want to make the deal? also, what if the canadian dollar continues its slide, you'll come out ahead and screw the u.s. holders.



To: reg who wrote (715)2/7/1999 10:20:00 PM
From: Raymond Duray  Respond to of 815
 
Dec. futures contract on Cdn$ trading at .6708 at 02/05/99. How can you possibly think you'll see .80 before the deal goes down?


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News