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Gold/Mining/Energy : Magellan Aerospace Corp (MAL) New Listing

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To: Harry Abruzzese who wrote (348)1/12/1998 11:14:00 AM
From: Dennis Lefebvre  Read Replies (1) of 633
 
Harry,
You are probably right because, there will no doubt be other contracts coming up during this 1998 year.
The Asian problem has pushed the stock price to 8.70 today, which I think is at the level of more accumulation. I say accumulation because although it is attractive at these prices, the Asian problem is still playing it's self off and better prices could be coming. If not by accumulating here will be great if the Asian problem is fully built in this morning.

Regards,

Den
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