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Gold/Mining/Energy : Bombardier. $40 by 12/98?

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To: C who wrote (4)10/6/1997 10:23:00 AM
From: Marc Fortier   of 14
 
Hi Miss C.,

Again, look at ADS Group (AAL.A on MSE). They are presently trying to get a contract for the New York Transit System; they would be a subcontractor for Bombardier's car. They also have contracts with GM, Prevost Cars and Nova (busses). They certainly are closely linked to the transportation industry, but their products are sold to a growing selection of customers. The stock is currently undervalued following BBD's last 'deboires', but analysts are following it and recommanding it (Valeurs mobiliŠres Desjardins in September and The Investment Reporter also). A last point: even though I am from Charlesbourg and ADS is headquartered in Sainte-Foy, I don't know anybody working for the company and have no - and never had - money invested in it. I may be interested eventually though.

Best regards,

Marc
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