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Technology Stocks : C-Cube

CUBE 36.62

-0.1%

Nov 14 3:59 PM EST

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To: DiViT who wrote (38206)	1/13/1999 9:17:00 PM
From: JEFF K	Read Replies (1) of 50808

Hopefully JVC's road map leads to Milpitas, CA especially the part related to developing digital value-added products Thursday, January 14, 1999 JVC (6792) Maps Out Road To 8% ROE By FY2000 TOKYO (Nikkei)--Victor Co. of Japan Ltd., known as JVC, elaborated Wednesday on its plans for increasing its return on equity to 8% by the end of fiscal 2000. To achieve the goal, the company will consider streamlining the organizational framework of its headquarters and exiting unprofitable businesses. It will also look into improving the efficiency of its domestic sales structure and shifting more operations overseas. The company hopes to embark on some of the projects this year. JVC also said it will direct its resources to four areas: developing digital value-added products, creating new businesses based on integrating software and hardware, constructing new sales systems and cultivating global markets for its strategic products. (The Nikkei Industrial Daily Thursday edition)

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