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Technology Stocks : Thiokol now Cordant Techologies (CDD)

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To: Teddy who wrote (81)2/9/1999 9:01:00 AM
From: Carmine Cammarosano   of 127
 
SALT LAKE CITY, Feb 9 (Reuters) - Cordant Technologies Inc., which
makes propulsion systems and fasteners, said on Tuesday it was comfortable with analysts' 1999 and 2000 earnings per share estimates.

The company is expected to earn $3.78 a share in 1999 and $4.25 a share in 2000, according to analysts surveyed by First Call.

For the full year 1998, its earnings were $3.79 per diluted share.

Cordant on Tuesday reported 1998 fourth quarter earnings of $0.80 a share, compared with $0.43, including special items, a year earlier. The earnings beat analysts' estimates by $0.02.
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