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Technology Stocks : UNPH _ Uniphase -- Ignore unavailable to you. Want to Upgrade?


To: Trader Dave who wrote (1154)3/16/1999 6:43:00 PM
From: Craig Wilson  Read Replies (3) | Respond to of 1261
 
TD or Anyone who knows,

Is is true that JDS Fitel and Uniphase shareholders will each own one share of the new JDS Uniphase for each share they hold of either company? If this is so, doesn't it make sense to buy JDS Fitel now at $74.80 compared to Uniphase at $99 5/8?

Am I missing something? (Like JDS Fitel owners only get one-half a share of the new company?)