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

To: Scott Mc who wrote (1027)	8/25/2002 2:50:00 PM
From: teevee	Read Replies (1) \| Respond to of 1177

so is it cheap or expensive? Will it pop or continue to sell off on Monday? I think the underlying issue is that Bombardier carries on its books, a "deemed" market re sale/residual value for leased jets that are returned. There is no market for these jets now, so Bombardier is looking more and more like an overextended house of cards that is about to collapse. I wouldn't be surprised to see the stock continue to sell off. At this time, Bombardier stock appears to be worthless. Its probably still an excellent short candidate though, if puts aren't available.