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Microcap & Penny Stocks : Dominion Bridge Corp. (DBCO) -- Ignore unavailable to you. Want to Upgrade?

To: MARK BARGER who wrote (428)	2/13/1998 10:18:00 PM
From: Chris Young	Respond to of 535

>>Poor DBCO shareholders, this stock may get HAMMERED tues. morning. I >>think eventually this deal will be pulled off. Mark, What makes you think that the stock will be beaten up even more on Tuesday? Today's drop was not enough? Do you think if it dips more that this will be good buying opp if you are confident that someone (ECGOF?) will buy them for >$2? thanks Chris

To: MARK BARGER who wrote (428)	2/15/1998 1:33:00 AM
From: Chien Li	Read Replies (1) \| Respond to of 535

Mark, I've seen you posted several times that the price is/should be $2. As a long-term shareholder, I still believe a minimum price of $3. I do know that there has been quite a bit of shorting going on which can contribute to the price movements seen over the last few weeks. The shorts come from institutions for few have the capability to short at ~$2. If small investors get scared and sell, well, that's his/her decision and the bigboys win. They usually do. Sanda was to put in $16-20 mil at $2.6/share. Some argue it,s smoke gun. That could be true. However, I just noticed a ~ 3.3 million increase in DBCO shares based on VSE data. I suspect that the new shares correspond to half of the Sanda's placement, and the rest is to come in later. If it's true, I wonder what Sanda gains from this. vse.ca Chien Li