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Gold/Mining/Energy : Dofasco Inc (DFS on TSE)
DFS 200.05-0.2%May 16 5:00 PM EST

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To: Jaakko who wrote (25)3/9/2002 6:45:02 PM
From: Letmebe Frank  Read Replies (1) of 27
 
Jaakko: RE: "I'm wondering if the steel industry is slowly turning around..." It is, and it is slowly.

"Consumer durables demand seems to be picking up... steel shipments should start to increase. Yes, but I believe DFS is near full capacity now. They didn't lay off, with the idea of being strong for a recovery. Probably a good company to own shares of. Dividend to boot. Might be good for $40 this year.

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