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Gold/Mining/Energy : Dorel Industries (DII.B , M or T) good earnings report -- Ignore unavailable to you. Want to Upgrade?


To: Hassan Lakhani who wrote (73)1/11/2000 5:14:00 PM
From: Jay Arkay  Read Replies (1) | Respond to of 96
 
Hassan, Yesterday's big jump was likely the result of a Dorel presentation in the US to brokerage firms yesterday, based on what I have gleaned from DII investor relations. You're right, the shares are sufficiently thinly traded that they can move quickly on volume that is not much larger than normal. I was also advised that Dorel is continuing to crank out sales growth, as in the latest quarter (no figures given at this point), just like we are accustomed to their doing, and with positive effects on the bottom line. You can sleep at night with this one, even if it occasionally falls out of favour. Jay