Denbridge Capital DNB-Toronto Message Board

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Gold/Mining/Energy : Denbridge Capital DNB-Toronto

DNB 9.150

+0.4%

Aug 25 4:00 PM EDT

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To: Paul Butler who wrote (5)	2/16/1999 10:53:00 AM
From: Carson J. Wynne	Read Replies (2) of 30

Paul - re: DNB downside scenario. My guess is that the downside on DNB is that they are unsuccessful in selling this unit, returning this stock to 50 - 80 cent land until the Denbridge Digital radar compression / traffic management systems technology division is sold or adds earnings. Binary outcomes are scary, and that uncertainty accounts for the spread in the current market vs. supposed post-deal cash value per DNB share. The other holdings in DNB are small cap public co. positions - Borneo Gold VSE:BNO, Agritek ME:AGK- that are penny stocks that have had their day in the sun a long time ago.

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