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


To: Chris Stovin who wrote (557)1/14/1999 1:51:00 PM
From: pat mudge  Respond to of 815
 
Chris --

Thanks for the update. My H&Q brokers have to call some other desk to get a quote and it's a pain. It's lost some ground, which is to be expected considering how fast it went up.

Nice mention on Dow Jones:

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January 14, 1999

JDS Fitel Stk Up On Bullish FY99 Outlook, Strong 2Q

By LORI MCLEOD and BEN DUMMETT
Dow Jones Newswires

TORONTO -- JDS Fitel Inc.'s (T.JDS) strong second-quarter results, combined with its bullish outlook, are behind the company's dramatic share price rise Thursday, according to company followers.

In Toronto, JDS is up 9.30, or 22%, to 51.30, on volume of about 1.1 million shares.

In a conference call with analysts following JDS Fitel's earnings results, company executives said they wouldn't argue with an earnings outlook of C$1.00 a diluted share for fiscal 1999, Robert McWhirter, vice-president and portfolio manager of Royal Bank Investment Management, told Dow Jones.

JDS Fitel reported net of 62 Canadian cents a diluted share in fiscal 1998.
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