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Gold/Mining/Energy : Bombardier, maker of planes and trains and other things -- Ignore unavailable to you. Want to Upgrade?


To: Jay Anderson who wrote (725)3/21/2000 9:27:00 PM
From: Carpe per Diem  Respond to of 1177
 
Say you saw it hear first...Bombardier will split its stock when they announce stellar FY2000 results in April.

Bombardier usually splits it's stock when it consolidates north of $30. By the time the stock actually splits it's usually trading close to $40.

Didn't anyone else find the last 3 weeks awfully quiet from BBD PR? [3 weeks without any news releases is an eternity for this company] My sense is they have been "stockpiling" releases [today's was a doozy wasn't it!] and will release a flurry of positive announcements in advance of the release of FY2000 results. This should serve to drive the stock higher and justify the stock split.

The following 12 months should be an opportune time to accumulate more shares as the stock consolidates and trades sideways following its split...before the fundamentals catch up with the valuation again, and the stock ramps up once more. Man, I love this company!

Course, I've been wrong before! ;-)

Rinks



To: Jay Anderson who wrote (725)3/22/2000 5:33:00 AM
From: Frank  Read Replies (1) | Respond to of 1177
 
You are right the report is due on the 23 march 2000, it can be obtained from the bombardier web site and I belive last time a split was annouced the stock was trading at around $35.00 2 years ago and I think it as been spliting every two years for the past 6 years that I have had the Stock. So we are due for a Split at the latest this summer.