Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (48805)	4/21/2004 2:15:33 AM
From: Taikun	Read Replies (1) of 74559

There is a stock called BBR as well. They make steel bldgs and have a business in China. Apparently there is a very experienced turnaround professional trying to buy it and break it up. Trading around $23 now, but speculation that the company will hold out for more is high. Apparently breakup value is far more than $23. The chat on Yahoo has many union members voting against the current offer. The piece that is apparently so valuable is the China piece because some people think that alone is worth more than the whole company at $23. Jay, you know this stuff. finance.yahoo.com finance.messages.yahoo.com

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