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


To: thomas gentry who wrote (239)5/30/1999 4:55:00 PM
From: Lola  Respond to of 319
 
Well, I may have started off on the wrong foot paying C2.70...let's see if I can sort myself out. But the daily volume needs to stay up...hopefully it doesn't go back to the normal 20,000 per day...then we'll be in alot of trouble...oh well. I took literally the expression "buy high, sell higher". LOL!

I think think this stock may soon prove to be a great trading stock...let's wait and see what next week brings.

I've been away from trading Canadian stocks for quite awhile...just got back to TSE stocks about 2 weeks ago...and only because of the nightmare on the Nasdaq recently. I had forgotten how the game works here. I think we may start to see alot more action on the Canadian stocks soon...I hope so...otherwise I'll be heading back to trading American stocks again.

Lola:)



To: thomas gentry who wrote (239)5/30/1999 7:47:00 PM
From: edward harris  Read Replies (1) | Respond to of 319
 
The manufacturing type of investors at the moment are looking for a new leader to follow . The old leaders like LNR and MG.A are getting rather long in the tooth. The advantage Derlan has over other aerospace manufactures is that they have selected to contract in complete units ( complete helicopter and jet engine gear boxes and auxillary take-offs, landing gear assemblies )where as the other
manufactures are specializing in parts. The after market is more in
tune to unit manufacturers and that is where the large numbers are
found. To buy out Derlan with the present contracts and future growth
in the aerospce and the pump division , 8 - $10 per share is a very realistic takeover price for a American growth company.