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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: LindyBill who wrote (12869)12/17/1999 9:06:00 AM
From: mariner  Read Replies (2) of 54805
 
Lindy and thread:

Good Morning

Attached is a post from someone who apparently attended yesterday's AGM in Ottawa. Interesting comment regarding the recent NT acquisition. Please note this is not my work, must be attributed to Northern Cougar on the JDSU thread.

"Re JDSU AGM I was at the meeting , everything was approved (was there ever any doubt?).. Important point I picked up JDSU is in a $5billion dollar business that is expected to be $21 billion by 2003 and JDSU are undisputed leaders in the field and intend to maintain tha position . Expansion of manufacturing capacity is high on the priority list because clients like NT, LU and others are putting up Fibre networks networks like never before and with shorter lead times to implementation and are placing more and more demands on JDSU to provide the necessary equipment. I was worried that the QTera acquisition by Nortel might cut into JDSU sales at Nortel. However , The Co-Chair Kevin Kalkhoven indicated that this deal was excellent for JDSU since Qtera is already a very good client of JDSU and this see this Nortel acquisition as a plus for JDSU's business with Nortel. "

FYI: There's a truckload of articles from the Ottawa papers posted on the JDSU thread this am with comments about the meeting - quite a love in from the sounds of things.

mariner
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