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Non-Tech : ZOLT

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To: flyguy who wrote (158)3/21/1997 1:10:00 AM
From: Larry   of 970
 
-----I can agree ZOLT may come down in share price from here,however I do think Zoltek is going to be very competetive,especially with their hungarian facility.Manufacturing wages in Hungary are only 10% of wages in the U.S.This will be tough for the competition to get around. Zolt Rumy is well aware that carbon fiber expansion is held back only by price per lb.His precursor supply from Hungary will no doubt be the lowest cost obtainable in the world. I'm sure in several yr's the competition can get plants producing it cheaply in the far east & elswhere also.The next 3 or 4 yr's should get them a substantual lead and the future market size will absorbe the competition to a large degree,IMHO.------Larry
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