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Microcap & Penny Stocks : Dominion Bridge Corp. (DBCO)
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To: Baoho Chang who wrote (471)2/26/1998 8:47:00 PM
From: Chien Li  Read Replies (2) of 535
 
Hi Baoho,

Thanks for that informative analysis. The question would be: Is ECGOF or DBCO a better buy? If DBCO sells at $2.5 yet ECGOF stays at $11.5, then buying ECGOF would be cheaper. Besides, there is no string attached like owning DBCO shares. The deal is contingent on ECGOF reaching $15, but there is certainly possibility that in the next three years ECGOF stays below that. This issue has to be clarified in the offer.

Chien Li
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