To: kinkblot who wrote (996 ) 11/30/1999 1:02:00 PM From: kinkblot Read Replies (1) | Respond to of 1820
JVC, Matsushita, ??? from JVC 1999 Annual Report / Notes to Consolidated Financial Statements: 3. TRANSACTIONS WITH MATSUSHITA ELECTRIC INDUSTRIAL CO., LTD. The Company is a subsidiary of Matsushita Electric Industrial Co., Ltd. ("Matsushita"). The Company?s relationship with Matsushita dates back to 1954, when Matsushita acquired a controlling equity interest in the Company. Since then, the Company has pursued an independent management policy in all aspects of its operations based on the principle of "mutual development through competition." There is no relationship of financial assistance between the two companies. Each company has a right of access to the technology developed by the other. At March 31, 1999, Matsushita held 133,227 thousand shares of common stock of the Company, 52.40% of the total outstanding shares. ... * * * * * I only checked this because the topic was raised on the Yahoo! Message Board about Kopin:messages.yahoo.com messages.yahoo.com So, one individual throws a bone to the others in message #2763. This bone is in the form of a question:Who owns JVC? No one is able to answer the question, so he answers it himself in message #2777:Matsushita Electric Industrial Co. produces electric and electronic products under the "Panasonic," "National," "Technics," "Quasar," "Victor" and "JVC" trade names. To interpret these posts, you must know that the poster's audience consists mainly of others long the stock. This is clear from a quick review of the thread. Therefore, it follows that a bone for them must be good news about Kopin. I'm still trying to figure out what the news is. It must all be 'on the QT'. Same ole Kope! <g> WT