JDS Uniphase Riding Coattails (JDSU)

Posted in pre-market 
November 12th, 2009

JDS Uniphase Corp. (NASDAQ: JDSU) is riding the 3Com coattails this morning.  We already noted this week from OptionsHawk.com how JDSU was being tossed around as a potential buyout candidate in the options trading.  There might be many hurdles in that, but shares at 8:51 AM EST have seen 132,000 shares trade hands and the last trade was up 6.6% at $7.68.  This was under $6.00 just on NOV 4 and this takes it back to the levels not seen since late-September.

JON OGG

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