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Gold/Mining/Energy : Derlan (T.DRL)

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To: thomas gentry who wrote (239)5/30/1999 7:47:00 PM
From: edward harris  Read Replies (1) of 319
 
The manufacturing type of investors at the moment are looking for a new leader to follow . The old leaders like LNR and MG.A are getting rather long in the tooth. The advantage Derlan has over other aerospace manufactures is that they have selected to contract in complete units ( complete helicopter and jet engine gear boxes and auxillary take-offs, landing gear assemblies )where as the other
manufactures are specializing in parts. The after market is more in
tune to unit manufacturers and that is where the large numbers are
found. To buy out Derlan with the present contracts and future growth
in the aerospce and the pump division , 8 - $10 per share is a very realistic takeover price for a American growth company.
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