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Gold/Mining/Energy : Magellan Aerospace Corp (MAL) New Listing -- Ignore unavailable to you. Want to Upgrade?

To: panda-man who wrote (621)	6/16/2000 1:00:00 PM
From: worldtraveller	Respond to of 633

I am not sure what their plans are. The reason for buying the shares was for "investment purposes". Typically a stock trades below the offered price unless the market believes that another higher bid is possible. Seeing that Heroux has a large majority of shares committed to them, I would believe that Magellan would sell their holdings to them, gaining a few cents per share in profit. I am confused at the real purpose of buying the stock!