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Ladron - Wed, 02 Jan 02 :

morose I do not think for one minute that the Dana deal is dead . Put yourselves in their position : you are about to go overboard for a new revolutionary product and , whilst it will mean big savings for your company , if you get it wrong,it will cost you ,big time. Wouldn't you do a full valuation , insist on testing prototypes exhaustively and ensure that the company you are about to get into bed with is capable of producing large volumes of quality fittings on time ? I have been there and I WOULD!!! (All this takes time, as I know only too well) . Incidently, this was another very good reason for OYS to buy IBP - at a stroke they inherited a quality production line and simultaneously gained enormous crediblity in the market place. I think the recent performance of this share price shows the lunacy of the market place - enormous hype and big gains when it was known that AM was aboard followed by a decline when he transformed the company by buying IBP ! Total and utter nonesense , in my opinion!!!!.....Ladron


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