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Gold/Mining/Energy : JDS Fitel -- Ignore unavailable to you. Want to Upgrade?


To: Jim who wrote (433)11/25/1998 11:04:00 PM
From: Glenn McDougall  Read Replies (1) | Respond to of 815
 
To know them is to love them. They have a piece of land in the south end of Ottawa that can hold ~900K sq. ft.of new buildings. This second building will bring the number of square feet to around 478,000.

<Is this an expansion or just a move to new digs?>
Actually both.

<Canadian techs make me nervous>

Well JDS is one very low key company, with no debt and lots of cash.
Just can't help my self, perhaps you should look at Newbridge Networks (NN) and or CrossKeys (CKY) located in the Ottawa-Carleton region and that should start the process of calming your nerves.

Regards
Glenn



To: Jim who wrote (433)11/25/1998 11:07:00 PM
From: mikel  Respond to of 815
 
....>100% growth y/y sure sounds like more than 'optimism' my friend... they continue to dominate as the only pure-play fiber components company, why focusing on key acquisitions to complement their explosive growth in the WDM markets. I've enjoyed significant recent short gains, but am in for the long with them.

Mikel