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Non-Tech : ZOLT
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To: aatkinson who wrote (166)3/27/1997 12:37:00 PM
From: flyguy   of 970
 
aatkinson: You have to be careful also looking at Hexcel's history. Hexcel is a combination of three companies (merger with Ciba Composites in Feb 1996 and acquisition of Hercules Composites in July 1996). Yes, they show a loss for the last quarter, but it's due to restructuring of the three companies. On an operational basis they made money. Previous years mean absolutely nothing in regards to carbon fiber as that came from the Hercules acquisition. Their 10K release (this week?) will provide the first real look at the combined New Hexcel.

Any ZOLT bulls out there care to comment on why there hasn't been a runup in the stock after the Texas plant announcement?

Flyguy.
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