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Non-Tech : ZOLT
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To: Paul Kelly who wrote (221)6/28/1997 1:12:00 PM
From: aatkinson   of 970
 
The reason that Cabot had ZOLT on hold for so long was a stagnent RP
line (momentum) which is a technical factor. His recommendation to
now buy is based on technical rather than fundamental factors.

By the way, while reviewing ZOLT's recent balance sheet I was unable
to notice any substantial increase in the building and capital
equipment line; with the recent claimed Texas purchase plus the need
to equip it, I'm puzzled as to why this is so. Any enlighteners??

I bought the stock at around the current price and will try to ride any
increase; however I'm out on any substancial future weakness. The data
just doesn't seem to add up.

good luck
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