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

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To: egoldie who wrote (510)3/21/1998 6:15:00 PM
From: Chien Li  Read Replies (1) of 535
 
DBCO holds 26.5 million MDC shares. $26.5 m x 1.92 = $50.9m. So the MDC value is higher than the DBCO market cap now. As for the question about making money out of $550m sale, you must raise that question to the DBCO management. Probably DBI is the only division losing money. I can't understand why DBCO couldn't just dump that division last year.
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