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Gold/Mining/Energy : Bombardier, maker of planes and trains and other things -- Ignore unavailable to you. Want to Upgrade?

To: Maple Leaf who wrote (690)	11/24/1999 11:10:00 PM
From: LAURIE SELINE	Respond to of 1177

Leaf: JV. That business works entirely joint venture, formal or otherwise. Could be anyone. Could be any nationality. It's irrelevant. Gears should carry a World passport. Regards, L.

To: Maple Leaf who wrote (690)	11/25/1999 6:23:00 AM
From: Mike K	Respond to of 1177

Maple Leaf; Several weeks ago there was a rumour going around that Bombardier was talking to Siemens about a joint venture which would involve both companies putting their European assets into new company. Siemens has be trying to remake itself into a high-tech telecommunications company yet they have this large transportation business that makes trainsets. Other big players could be Alstom and ABB. Alstom is a joint venture between GEC of the UK and Alcatel of France that went public last year. GEC and Alcatel still own 25% each of the new company. One of their products is the TGV, the high speed train in France. ABB is another interesting company. They are a huge Swedish/Swiss engineering company that's also in the trainset business. Cheers, Mike