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Technology Stocks : SDL, Inc. [Nasdaq: SDLI] -- Ignore unavailable to you. Want to Upgrade?

To: jay silberman who wrote (227)	5/13/1999 1:09:00 AM
From: pat mudge	Respond to of 3951

any thoughts on why SDLI/UNPH/OCLI so hi today? I was out of touch with the market most of the day and haven't found anything on the news to attribute it to other than the UNPH/JDS merger approval. That really isn't enough. Could this have affected the sector? <<<< May 12, 1999 Dow Jones Newswires Optek Tech To Be Bought For $25.50/Share Cash Dow Jones Newswires CARROLLTOWN, Texas -- Optek Technology Inc. (OPTT) signed a definitive agreement to be acquired by New York-based Dyson-Kissner-Moran Corp. for $25.50 a share cash, or $200 million on a fully diluted basis. Before being halted in trading Wednesday afternoon, Optek shares were down 1/8, at 19 1/2, on volume of 30,800. Average daily volume is 46,989. In a press release Wednesday, Optek Technology said it expects Dyson-Kissner-Moran to begin a tender offer for all Optek shares within a week, and to close after 20 business days. Optek shares not purchased in the tender offer will be converted into $25.50 per share cash in a subsequent merger. Optek's board has approved the transaction, which is not subject to financing. The board recommended shareholders tender their shares and approve the merger. The tender offer is subject to a majority of Optek shares being tendered and not withdrawn. Dyson-Kissner-Moran is a holding company including units that produce cusomtized sensors and actuators for automotive and off-road markets. Optek Technology makes custom optoelectronic, magnetic and fiber optic sensor products. <<<<< They got over 10X sales. Pat