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lifo

12/05/04 10:27 PM

#14651 RE: OldAIMGuy #14633

Hi Tom,

Bombardier seems to be forming a base. There might be a good opportunity here.

I haven't looked closely at the fundamentals lately; so, I am interested to know what you find out.

Mr. Tellier (their CEO) did great things while he was at CNR (Cdn. National Railways), but that's in the past. There is no guarantee that he could turn things around at BBD.b. I noticed that their credit rating has recently been lowered to junk status. And, the big question I have is whether or not they are likely to survive without going through creditor protection (BK).

Regards,
Jack