Dominion Bridge Corp. (DBCO) Message Board

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

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To: Chien Li who wrote (424)	2/12/1998 8:18:00 AM
From: MARK BARGER	Read Replies (1) of 535

Chen Li, I too am puzzled at the fact that DBCO stock price hugs so close to $2. I will be amazed if ECGOF pulls off this deal at under $2.5 a share. But, somebody out there with enough buying/selling power feels that the deal will come in around $2. I am tempted to buy more at $2 on the feeling that as negotiations approach crunch time, the price will increase. I feel ECGOF really wants this deal to happen and will make it happen. The "market" says a $2 deal is pending but my business instincts say closer to $2.5 (which still screams out "bargain!"). Whatever the price, this is truly a blockbuster, company transforming acquisition for ECGOF, to state the obvious. I think once competent management starts running the new subsidiaries, with this vital infusion of $30 mil. cash, the hibernating bear that is DBCO will awaken. If this acquisition can be successfully pulled off and financed properly, '99 earnings of $2-3 a share are not unreasonable. Hopefully DBCO investors will not give up on their investment and will continue on as ECGOF stockholders and finally realize the capital gains that they should have received with the old management. Again, the devil is in the details, and this deal is far from closed. Good luck to all! Mark

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