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Non-Tech : ZOLT

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To: Cameron Dorey who wrote (220)6/28/1997 12:05:00 AM
From: Paul Kelly   of 970
 
My earlier comments took us in an unexpected direction and I regret my part in sparking the preaching and toying which ensued. If we can leave that all behind may I ask again if anyone has any rationale for Cabot's 34 buy point. Was it based on fundamental or technical factors? Cabot had ZOLT on Hold for quite a while and I think this week's big initial jump was due to more than a concensus of let's move it to 34 today.
The ZOLT story is a very good one (flyboy's comments notwithstanding) and with my average cost being 26 1/8 I am looking forward to excellent gains if the story continues to unfold favorably. Merril Lynch has stated the Company offers two highly sought after characteristics-1 An excellent track record and 2 Extremely attractive future growth prospects. Hence my question on what we think Cabot was looking for to produce the 34+ closing and did it come to pass.
Regards to all.
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