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   Non-TechDynamic Materials Cp


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To: norm chin who wrote (223)5/23/1999 8:23:00 PM
From: Wade
   of 234
 
norm,

I wrote to Webmistress around noon time ask for help. She put it back on and I found the thread by myself before I got her e-mail notice. I did not know it was my mistake not finding it at first place or she put it back on when I wrote the post. You can ask her about this, if you do not believe me.

I forgot not to write on the "heavy machinery" after I posted on this thread already. I got too excited because of I cannot wait to tell people about it. Any way, I wish not to discuss this any further. I have my own integrity which you can find it out from my posts. I have read many of yours and I think I know what kind of person you are. If you have further problem with me, please write to Jill, our Webmistress. Please do not write to me regarding this in public or in private any more.

Sincerely,
Wade

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To: Wade who wrote (224)5/25/1999 1:10:00 PM
From: Wade
   of 234
 
It was my intention to ask for opinions of BOOM. I am glad Paul did his research. Here is what he wrote:

exchange2000.com

It will take a while for people to realized the value of this exciting company. I found it by screening over 9000 stocks back in 95-96 with my own program. I have been following it since. This is the right time to accumulate some bargain shares before the good news gets out. This is my another value pick. I believe it will become a growth company gradually and the valuation will be quite different. BOOM*&^$%*&^*&!!

Sincerely,
Wade

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To: Wade who wrote (225)5/25/1999 2:42:00 PM
From: Wade
   of 234
 
Here is the place you can find out the reason why I like BOOM so much.

dynamicmaterials.com

Sincerely,
Wade

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To: Wade who wrote (226)5/26/1999 6:59:00 PM
From: Wade
   of 234
 
Paul,

I checked the institutional holding after you mentioned it. Wow..it is 960K shares, 35% of the total. BOOM has 2.72 million shares outstanding with only 1.4 million shares float. Does this mean that only about 400K shares in individual investors hands? If we deduct the employee holdings(1000 shares x 195 people) there would be 200K shares left on the market. This is a very very very thin market. It is very interesting. I will take my time to buy more shares at this level. May be next year I will become a majority stock holder<GG>. Value investing is same to raise a child.... slowly, kindly and patiently.... with a lot of love.

Sincerely,
Wade


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To: Wade who wrote (227)5/26/1999 7:46:00 PM
From: Paul Berliner
   of 234
 
If BOOM continues trading near book value it will surely attract the LBO circle to it, whereby they can buyout the company for a decent premium above book, and then flip it a year later to a blue chip BOOM
peer such as Timken. This happens all the time.

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To: Paul Berliner who wrote (228)5/26/1999 10:40:00 PM
From: Wade
   of 234
 
Paul,

I just checked Timken. It is an interesting company too. I will look into it. Thanks for the tip. I am glad to see the bid/ask of BOOM narrowed during the day and at close. This meant more action is on the way. I will call the company for more information. Take care.

Sincerely,
Wade

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To: Wade who wrote (229)5/26/1999 11:07:00 PM
From: Wade
   of 234
 
Paul,

The following table gives me a much better understanding of the value of BOOM.

Valuation Ratios Company Industry Sector SP500

P/E Ratio (TTM) 9.27 17.49 32.88 36.84
P/E High - Last 5 Yrs. 53.88 43.23 48.13 43.4
P/E Low - Last 5 Yrs. 5.84 10.88 11.62 14.6
Beta 1.35 1.04 0.88 1
Price to Sales (TTM) 0.32 1.32 1.91 5.26
Price to Book (MRQ) 0.97 3.04 4.14 8.62
Price to Tangible Book 1.07 4.64 5.6 11.1
Price to Cash Flow (TTM) 4.51 11.66 17.4 26.16
Price to Free Cash Flow 10.7 32.88 35.43 42.81
% Owned Institutions 35.24 55.04 53.46 62.15

I hope this table can attract more lurkers and threaders.

Sincerely,
Wade

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To: Wade who wrote (230)6/23/1999 6:17:00 PM
From: Wade
   of 234
 
We got big news today:

biz.yahoo.com

Dynamic Materials Announces Sale of Clad Metal Bonding
Division The Sale Will Enable Management to Focus on Its Aerospace Supplier Consolidation Strategy

LAFAYETTE, Colo., June 23 /PRNewswire/ -- Dynamic Materials Corporation, (Nasdaq: BOOM - news), 'DMC', today announced that it has reached an agreement to sell certain assets relating to its Clad Metal Bonding Division (''Bonding Division'') to AMETEK, Inc. (NYSE: AME - news), for approximately $17 million. The closing of the transaction is expected to occur in the latter part of 1999, pending the satisfaction of certain conditions. The sale is in accordance with DMC's recent focus on consolidating suppliers in the aerospace manufacturing industry and will enable DMC to continue acquiring
complementary businesses.

I just spoke to Mr. M. Jarman, VP of Corp. Develpment. They only sold clad bonding division. The 17 mil. will be used to retire the recent debt. The account receivable and the CO property will make positive ~2 million net after all of these is done. BOOM will be debt free again.

They will focus on aerospace industry which is completely different from the old boom... boom business. And, future acquisition of other aerospace business is in the plan. This business will be more stable and profit margin will be better. I think this is a positive move toward higher level of technologies. Furthermore, I believe BOOM is more sellable as a focused business. It is an very attractive take over target at this share price which is near book value. I am very happy to see this change. Clad bonding was not a money maker in the passed year. It is time to move on. Hope the best.

Sincerely,
Wade

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To: Wade who wrote (231)11/26/1999 9:05:00 AM
From: Chartgod
   of 234
 
Wade?? You still in this one at all ?? If so-and/or-not...do you have any thoughts as of now on it please?

thx...jim

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To: Chartgod who wrote (232)3/17/2000 12:26:00 AM
From: Chartgod
   of 234
 
Man, just 2 quiet over on this one..<lol>

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