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Technology Stocks : UNPH _ Uniphase -- Ignore unavailable to you. Want to Upgrade?


To: mariner who wrote (1070)1/29/1999 8:56:00 AM
From: w2j2  Read Replies (1) | Respond to of 1261
 
mariner, If Canada makes you invest in companies 80% based in Canada, I think that is BS. It is your hard-earned money, and you should be able to invest it in Timbuctoo if you want. Such socialist arrogance!!! "Big Brother" is controlling you. It makes me mad just to think about it. :( wj



To: mariner who wrote (1070)1/29/1999 11:53:00 AM
From: IngotWeTrust  Read Replies (2) | Respond to of 1261
 
BULLPUCKEY! U've been posting on JDS 4 months. U knew damngood&well JDS' competition was UNPH with all the due dilly you do. Any decent company knows who their "competition is" and their investor relations' mouthpieces speak freely of said competitors.

You have obviously pursued communications with investor relations in the other "CA" companies in which you invest acc'd to your recent string of SI posts. Tis certainly believable that you pursued investor relations in JDS' case/investment.

Your hand is in the Canadian Insider Cookie Jar, plain and simple. If I were you, I think I'd start planning for puking up some of those profits plus the punitive penalties.

Good Luck! You're gonna need it. There's a very zealous & to hear him talk, a very zealous Canadian stock investigator on SI, a gent documented on many other SI/CA threads. He's affectionatly known as a "spikey hair." I'd rather imagine your goose is cooked in ways you will learn of at his discretion. Might think of cancelling shore leave in Halifax.

Don't know what to make of my post to you...hrmph!!!

Your Profile sez:
mariner

Member Since Feb 28, 1998
Occupation\Title Naval Officer
Age mid 30s
Location Victoria, BC, Canada
College Mount Allison University
Degree Commerce

Favorite Stocks Cisco, JDS FITEL - TSE, Bombardier - TSE, PMC-Sierra
Investment Style Mainly Buy and Hold. Limited trading.
Experience 15 years
Interests and Hobbies current events, investing, sports, music
Quote Why are all my best performers in my taxable account?

You write Walter:
That rule only applies to tax sheltered retirement savings accounts. In your taxable
investment account you can own anything.



To: mariner who wrote (1070)2/5/1999 8:43:00 AM
From: w2j2  Respond to of 1261
 
TOKYO -(Dow Jones)- Japan's Furukawa Electric Co. said Thursday it is
selling 3.13 million shares in JDS Fitel Inc., its Canadian unit, for
187.8 million Canadian dollars (US$124.2 million) to CIBC Wood Gundy
Securities Inc.
The Japanese firm's sale comes a week after it approved the proposed
merger of fiber-optic gear makers JDS Fitel and Uniphase Corp. (UNPH) in
a stock swap valued at more than $3 billion.
Furukawa, a manufacturer of electric wire and cable, said it will
have a 26% stake in the merged company, to be named JDS Uniphase. JDS
Uniphase will be a major optical component and module maker serving the
fiber-optic communications markets.
Ahead of the merger, Furukawa said it was selling some of its stake
in JDS Fitel to get a return on its investment.
With the sale, Furukawa's stake in JDS Fitel will drop to 47.9% from
51.9%. Furukawa, which also manufactures nonferrous metals and other
related products as well as provide engineering services, said in a
statement there will be no change to its fiscal year group earnings
forecast as a result of the sale.
Furukawa said in October it expected group net profit of 3.5 billion
yen ($31.02 million) in the fiscal year through March.
Copyright (c) 1999 Dow Jones & Company, Inc.
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