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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: saukriver who wrote (30200)	8/21/2000 3:14:24 AM
From: Seeker of Truth	Read Replies (1) of 54805

Avoid Canadian companies unless they have become Americanized or SEC ized by listing in the U.S. with a large presence in the U.S. As a Canadian, with some knowledge of the matter, I totally agree. JDSU,NT and PMCS are well run companies and the managers are on the up and up. But most Canadian company managements take full advantage of the lax rules. There is no national organization like the SEC in Canada. Rules vary from province to province. Enforcement of the rules tends to be a joke. This is the land of Bre-X and countless other similar mining frauds. Canada is not alone in this situation. Most countries are way behind the U.S. in policing the reporting of corporations. Come up and visit Canada some time. The murder rate and the crime rate(outside of the board rooms) is less than 25% of that in the U.S. It's a beautiful and relatively peaceful country. Just don't invest.:-)

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