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


To: Chien Li who wrote (483)2/27/1998 12:34:00 PM
From: Baoho Chang  Read Replies (1) | Respond to of 535
 
Hello, Chien. Another company just offered $10 million for Davie, and DBCO stock retreated as a result. Any comments on how this development would further complicate the situation?

After thinking about it, I came to the conclusion that the ECGOF deal is actually a pretty lousy deal for DBCO shareholders since we end up with all the credit risk on a so so price and not much upside potentials. However, it is probably better than being stuck with the current management. With a super lousy management, the ECGOF deal is probably the best we can get.

Regards,
Baoho