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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: CommanderCricket who wrote (66004)	6/15/2006 5:26:33 PM
From: DaveAu	Read Replies (1) of 206322

"BMD is being taking out back and shot today." TD report with a "Reduce" rating and expected 12 month return of negative 44%. While we believe that the company is competitively positioned due to its proximity to the oil sands industry, we believe that the demand forecast and market penetration rates estimated by BMD are aggressive based on our findings. As a result, it is our view that the company’s current stock price is trading at a significant premium to its underlying value.

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