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

To: Baoho Chang who wrote (484)	2/27/1998 1:15:00 PM
From: Chien Li	Read Replies (1) \| Respond to of 535

Hi Baoho, I agree with you. This is basically a merger and exchange of stocks with relatively low premium paid to DBCO shareholders. DBCO shareholders can sell their stock right now, buy ECGOF stocks, and basically get the same financial results as ECGOF moves to $15. The whole thing depends heavily on the stock price of ECGOF. One hopes that another buyer shows up. Read the latest 10 Q, you would see that Davie is beginning to get their payments for that $200m Spirits of Columbus job. The working capital now is $40 mil. These are signs that DBCO is not going to bankrupt. If the board can find good management, then we don't have to sell it cheap. Chien Li