Electroglas: Are The Chips Down Or Up

One person's discard is another's ace in the hole. That's how some big investors feel about Electroglas, a division jettisoned by General Signal through a public offering on July 1. A number of pros who scooped up shares at the initial offering of 16 are convinced they have come upon a bargain.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.