Bombardier. $40 by 12/98? Message Board

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

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To: Brian who wrote (9)	11/12/1997 9:49:00 AM
From: Mohamed Abdolell	of 14

Globe says firm set to gain European foothold Bombardier Cl B SV BBD.B Shares issued 249,224,207 Nov 11 close $27.00 Wed 12 Nov 97 In the News The Globe and Mail reports in its Wednesday, November 12, edition that if Bombardier's proposed purchase of Deutsche Waggonbau AG (DWA) goes through, it will give the Canadian firm not only a significant piece of the German rail car market but also an important foothold in eastern Europe and Russia. The Globe's Allen Freeman writes that DWA has won contracts recently to provide rail cars to Russia and Hungary and owns a subsidiary in the Czech Republic, as well as a 26.5 per cent stake in a rail car facility in St Petersburg, Russia. Even though business in former Communist markets accounts for about 10 per cent of DWA's total sales, there is potential for increasing that share. DWA has representative offices in Moscow, Beijing and Almaty, the capital of Kazakhstan, and a large spare parts business in the former Soviet Union. If the DWA buy happens it would be a classic Bombardier deal involving a one time state owned enterprise that had gone through hard times and at the same time, received heavy capital investment. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

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