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

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To: MARK BARGER who wrote (454)2/23/1998 9:31:00 PM
From: Baoho Chang  Read Replies (1) of 535
 
Hello again, Mark. More thoughts on the possible purchase price. I will be ecstatic to get $3 for my DBCO shares. In most of the takeover cases that I saw, the acquiring company would disclose the price first. However, ECGOF has not so far disclosed its offering price. Does it mean that a final price is still being negotiated? Is it a standard practice?

The market has been showing doubt about the takeover by keeping DBCO below $2 most of the time, and so far it has been right. So, the market reaction tomorrow will be very important, in my opinion. If the DBCO price is still hovering below $2 tomorrow, I think that we will still have a long way to go.

Regards,
Baoho
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