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Gold/Mining/Energy : Derlan (T.DRL) -- Ignore unavailable to you. Want to Upgrade?

To: Serge Collins who wrote (118)	12/29/1998 3:09:00 PM
From: edward harris	Read Replies (1) \| Respond to of 319

Everyone loves a deal . Very seldom do I buy at list price but on some deals list is the way to go. Take in a few good auctions. Lets for example , in this case , $8 is a sweetheart deal and $16 if the buyers are lined up. This happened when Derlan sold their Multlin division to GE several years back for $90M. Mal has a few underperforming divisions and is not a good comparison. Lucas Varity recently sold their heavy brake company for 1.5 x sales. The USA Helicopter companies at the moment are a little reluctant to sign large supply contracts to Canadian suppliers until the Arm Forces tender the new helicopter contract. Hardball at its best. Their sales could easily ramp to the 300m level with a large contract and their rapidly expanding maintenance divisions. Check - out Spellcast.com another related company.