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

To: edward harris who wrote (230)5/29/1999 5:55:00 PM
From: Lola  Respond to of 319
 
Yup...and all this talk from some brokers about how it'll be 2 years before they can ship anything is all crap. The aerospace industry is just like that...they also have backlogs that carry them through at least 2 to 3 years out. When Allied Signal gets an order it's the same deal.

The important thing is the agreement. Once you have an agreement...it's pretty much a marriage for life. I know because in my previous business I had some major aerospace customers. Once you are an approved vendor, you really don't have any competition for many years to come.

Derlan can go on to land other lucrative contracts because of this as well. This is a perfect turnaround story.

Lola:)



To: edward harris who wrote (230)5/29/1999 7:38:00 PM
From: edward harris  Read Replies (1) | Respond to of 319
 
The senior management at the 98 annual meeting mention that Derlan
was a leading bidder on this contract. By the sour grapes from the brokerage industry , they had given up and wrote Derlan off as another
Canadian loser. Another surprise , could be the price that K & M Electronics attracts. This division is a world leader in compact high voltage supplies which sell at approx. $1,000 a pop.


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