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Re: Re: [sharechat] Ethical Investing

From:	"Peter" <pmaiden@xtra.co.nz>
Date:	Fri, 27 Jul 2001 21:33:20 +1200

Nick - irrespective of what your interpretation of ethical is I think that you would have to agree that this giant US company exploited something.

Don't know what/who/whatever they exploited but the last few years have been one big gamble for them and this is the result.

Ethical behaviour?

"For the full year, JDS said it lost a whopping $50.6 billion including all charges, or $46.30 a share. That was some 16 times larger than full-year revenue of $3.3 billion." (in context greater then NZs GDP)

http://biz.yahoo.com/rb/010726/business_tech_jds_earns_dc_7.html

Cheers

Peter

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