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To be fair, I have to disclose that JDSU has also accelerated option vesting on approximately 33.85M shares or 22% of outstanding unvested options, writes "Slash", a professional investor with experience on both the buy-side and sell-side. All this is in anticipation of option expensing later in the year. But the only way these tricks will work is if the stock moves higher from here.

As with any dilutive transaction shareholders should not accept these management/employee enrichment schemes laying down.

FD: Author has no position in JDSU

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