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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Seeker of Truth who wrote (30207)8/21/2000 10:02:58 AM
From: saukriver  Respond to 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. 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. 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 :-)

Thanks for the invite. I posted it all over the Net so a few million or so Yanks should be on their way! <g>

Isn't JDSU based in the Silicon Valley? JDS Feitel got its three letters before the U in Uniphase. Does that make it a Canadian company?

One should decide to miss out on the early runup of a Canadian startup/young company. Similar to gorilla gaming among enabling technologies.