Dorel Industries (DII.B , M or T) good earnings report Message Board

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Gold/Mining/Energy : Dorel Industries (DII.B , M or T) good earnings report

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To: Jay Anderson who wrote (91)	5/3/2000 1:19:00 PM
From: Jay Arkay	Read Replies (1) of 96

Upbeat in-depth column on Dorel in today's (Wednesday's) Globe and Mail, Report on Business section. To read the column, go to www.globeandmail.com and search for "dorel industries" but they may not keep the archive after 7 days from now. The good news (in addition to Q1 earnings report) is that more analysts are giving Dorel serious coverage, and they all have "buy" or "strong buy" ratings on Dorel. Their one-year targets for the stock range from $36.75 to $40, which would be a handsome return. Moreover, the column notes four mutual funds that have Dorel as a top holding, with Dorel shares accounting for 2.8 percent to 5.1 percent of those funds total assets. The column also has a chart for the last year period showing that Dorel has slipped from a PE of about 28 down to a recent 14 (on trailing earnings). Just restoring part of that PE, along with continued growth in EPS, should do wonders for the share price. Also, you can still access via toll-free phone until 11 pm this Friday the Q1 conference call with Dorel management; I found the conference most informative and reassuring. For details: \ newswire.ca

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