Dominion Bridge Corp. (DBCO) Message Board

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Microcap & Penny Stocks : Dominion Bridge Corp. (DBCO)

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To: dainy who wrote (383)	1/22/1998 11:47:00 AM
From: Baoho Chang	Read Replies (1) of 535

Hello, dainy. I was very excited when the buyout news just came out, thinking that DBCO would move above $3 and a final purchase price of $4 is possible. The fact that the DBCO stock is even having trouble to reach $2 now, however, caused me to trim my expection significantly. I now think that a buyout will eventually take place but the final price will be only between $2.5 and $3. It appears to me the problem is that the management of DBCO is carrying too much liability. I could not think any other cases in which management of a company is damaging its company so badly. Personally I'd like to see DBCO to be sold for $4-$5. But the movement of DBCO stock simply does not suggest so. Regards, Baoho

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