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Technology Stocks : Thiokol now Cordant Techologies (CDD)
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To: HairyWho? who wrote (57)4/21/1998 8:45:00 AM
From: Carmine Cammarosano   of 127
 
Fastening Systems Operating Income Up 57 Percent:

Fastening systems sales and operating income for the quarter were substantially higher than last year reflecting continued strength in both commercial aircraft and industrial markets. Operating margins
increased to 14.7 percent in the current quarter from 11.3 percent in the prior year's quarter. Fastening systems income benefited from both continuing cost control initiatives and increased sales.
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