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

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To: Steven Ivanyi who wrote (362)3/10/1998 12:11:00 AM
From: Anthony Wong  Read Replies (1) of 633
 
Steven, re. your statement <the year ending Dec/97 the net income was $16 million including a non recurring gain of over $19 million>

I don't see any non-recurring gain of over $19 million for '97. Perhaps you are referring to the year '96.

On another note, I was watching the market depth today and noticed that most of the buying (roughly 50%) was by Nesbitt Burns, with some blocks of 10,000 by Latimer. I'll check with my broker at Nesbitt tomorrow to see if they have an analyst report out.
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