It probably has to do with the fact that only a databind was preformed:
ddlConame.DataSource = dsCompany
ddlConame.DataBind() 'Bind the list of the states to the state's listbox
When you need to do something like this:
ddlConame.DataTextField = "<some field in the datasource>"
ddlConame.DataValueField = "<some field in the datasource>"
ddlConame.DataSource = <datasource>
ddlConame.DataBind()
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