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THe date of valuation will be the date of close (again went through this before).

For those who havent been through this before (oh yeah such experience Ive been through it twice with ASND and LU and XCIT and ATHM) you will notice an ongoing gap in the stock prices. They wont quite be lockstep but will trend together. Note can go both up or down. As the deal comes closer and closer the price will move closer and closer to the actual .928 value (or 1.856 post split). You should also note that fractions of shares you get $ for. i.e. you own 10 shares get 9 of JDSU plus .28 x the stock price.

For what it is worth you should also note that the brokers sometimes get a bit confused. When this same situation happened to XCIT shareholders plenty of them had their broker tell them they had half the # of shares that they were supposed to have. Dont worry it will all work out but you may need to mention it to them so you should watch closely.

Has anyone every suggested you worry too much :-). Of course you shouldnt just trust me, but I have no doubt that OCLI will comfirm this for you.

Good luck
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