Emerging Growth Equities, Ltd. Initiates Coverage of Dynamic Materials, Inc. (NASD: BOOM) With a BUY Rating
August 31 2005 - 12:05PM
PR Newswire (US)
KING OF PRUSSIA, Pa., Aug. 31 /PRNewswire/ -- Emerging Growth
Equities, Ltd. initiates coverage of Dynamic Materials, Inc. (NASD:
BOOM) with a BUY rating and a 12-month price target of $52.00.
Dynamic Materials, Inc. is the acknowledged worldwide leader in
explosive metal working. This technology uses an explosive charge
to weld metal plates at the atomic level, which would not be
possible using traditional welding techniques. This material is
then used in constructs requiring the strength and low cost of
steel and a high performance or corrosion resistant layer on the
surface. We believe Dynamic Materials' market dominance, pricing
strength, and increasing market penetration make it a unique
industrial metals company with high profit margins and an
attractive growth rate. Emerging Growth Equities, Ltd., is a
specialty brokerage and investment banking firm that provides high
quality distribution, research and trade execution for
institutional and retail clients. Emerging Growth Equities, Ltd.,
specializes in fulfilling the capital requirements of well-managed
emerging growth companies. For a full text of the report please
call 888-293-1800. This publication is neither an offer to sell nor
a solicitation to buy any securities mentioned herein. The
information contained herein is based on data obtained from
recognized sources that are believed to be reliable. Emerging
Growth Equities, Ltd. has not independently verified the facts,
assumptions and estimates contained in this report. Accordingly, no
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Copyright 2005 Emerging Growth Equities, Ltd. Emerging Growth
Equities, Ltd. is a member of the National Association of
Securities Dealers, CRD number 47040. DATASOURCE: Emerging Growth
Equities, Ltd. CONTACT: Michael E. Shonstrom of Technology
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