Sharing Knowledge in Smallcaps

[Frank Pembleton]

Tim... about BBD.B -- from the top of my head I'd say it's a non-event. The whole hoopla over Bombardier's billion-dollar claim against DaimlerChrysler is that they overpaid for a business with very tight margins. Their high margin business is aircraft; it's about 60% of what they do. Transportation (rails) has little or no margins and is approximately 30% of they do. The last 10% is the money losing ski/seadoo business that is more or less kept because of tradition.

Regards,
Michael