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


To: Chien Li who wrote (443)2/17/1998 9:42:00 PM
From: MARK BARGER  Read Replies (1) | Respond to of 535
 
Chien Li, Hey I like this company and it's potential. They should be making at $1 a year in earnings with any type of credible leadership.
However, that said, we both know DBCO is in a world of hurt. With the financial trouble they are in and the management they are stuck with, their only hope is to sell out. I'm afraid that Curly and Moe are going to botch that opportunity.

I am very tempted to just cut my losses and sell out. With a management team such as this, throw fundamental and technical analysis out the window. The shareholders are at their mercy. There are too many well run companies to invest in to have to gamble on these idiots to provide increased shareholder value. This investment is no longer an investment in my eye but a gamble on what kind of tricks the management can pull and if they can possibly keep the company up and running long enough to find a buyer to appease their personal demands.

I, too would like to see the stock climb back up to $2 tomorrow, but
do not feel confident. It wouldn't surprise me to see further selling. We'll see.

Mark