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Non-Tech : Heavy Machinery. CAT DE CSE DDC CUM

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To: Paul Berliner who wrote (166)6/10/1999 11:52:00 PM
From: Wade  Read Replies (2) of 190
 
Paul,

I read the 10Q of TEC today. This caught my eyes:

"Domestic Metal Products was affected by the continuation of difficult business conditions in the container industry while inclement weather,
deteriorating economic conditions in Eastern European markets, and the adverse effects of the conflict in Yugoslavia depressed results for Astron Building Systems. "

Hey, if Astron's building business is hurt by the bombing of Yugoslavia. It will get back in big time when the peace negotiation is done. They will need lots of constructions. TEC's metal building systems will have great advantage because the speed of construction is much faster then that of the conventional method. I am glad TEC has business in that area. This added earning will be a big plus for this year. I hope you still own it. BTW, TEC is my number one holding.

Sincerely,
Wade
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