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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: gmccon who wrote (4783)1/20/2000 12:42:00 AM
From: pat mudge  Read Replies (1) | Respond to of 24042
 
Why the distinction? Canada, USA, whats the dif?

Well, if you'd watched JDSFitel grow from a small shop into an international powerhouse and then had it referred to as a US company every time it was mentioned it the press, you'd probably be pleased your British cousins recognized its Canadian roots.

Imagine having your team go to the Olympics and over-night take on a different national identity. A gold medal would still be a gold medal, but you'd want your country to get some credit.

From a shareholder's perspective, in all the ways that count, it doesn't really matter.

Pat



To: gmccon who wrote (4783)1/20/2000 6:18:00 AM
From: t2  Read Replies (1) | Respond to of 24042
 
Why the distinction? Canada, USA, whats the dif?

Big difference as far as i am concerned. As a US company it is eligible for entry into the S and P 500 and we could see a big pop in the stock (not that we really need any help).
Maybe those S and P folks are just as sharp as the Brits who called it a Canadian company. <g>
That would explain everything.

Actually, a lot of "sharp" business reporters in Canada also consider it Canadian.

BTW--there are some Canadian companies in the index (i believ it is about 7 or so)but these have been grandfathered in--like a Nortel.

I consider JDS as a North American company but for the reason above, i am glad it is technically considered American.