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Gold/Mining/Energy : DECOMA INC (SPIN-OFF OF MAGNA INTERNATIONAL)

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To: Jay Durell who wrote ()3/16/1998 4:41:00 PM
From: Gary W   of 17
 
Jay,

The stock took off today to close over $14 /share. I like everything I hear about this company - spin-off of Magna, listed on the TSE, auto parts maker in a booming sector. I haven't heard a lot of promoting or hype about it, but there's obviously something about it that's making it go up. Can one reason be the fact that it's parent company Magna is over $100/share and it's current stock price make it look undervalued?

Gary
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