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Bombardier Inc. T.BBD.A

Alternate Symbol(s):  BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Bullboard Posts
Post by JohnDoughon Dec 14, 2001 9:35pm
1681 Views
Post# 4526434

The short term and other thoughts

The short term and other thoughtsI agree with Droow that the current price pretty much reflects the value of all announced contracts. I'm still holding, but a bit nervously with the following in mind: if the markets were to heat up the momentum would more than likely send the stock into the high 15's or low 16's. Not unreasonable since a few days ago, when the markets flew, the intra-day high was $15.85. Therefore, I think another $0.75 to $1.00 is very attainable over the next week if the markets roll. On the down side, the terrorist threat situation has me quite worried. I think that its highly likely that the U.S. is going to experience a pretty bad backlash, even its not going to be ariline related. Even the U.S. government is pretty upfront about this. It could happen tomorrow, just like it could take 3 months... but it would be foolish to think that it won't happen at all. When it does, the markets will suffer very badly, yet again. So my friends...its a Russian Roulette scenario with low company risk but highly volatile market risk. So, if I get another $0.75 to $1.00 by next Thursday I'll be thrilled. If I don't, then I'm still out like a Ninja before the Xmas break. I have a bad feeling that the U.S. may be hit hard during the holidays for the obvious reasons: to hurt people emotionally during a time of celebration and to capitalize on a time when the population's guard will likely be lower. I hope I added a bit of value here.. cheers to all.
Bullboard Posts