Exide: Overbought or bargain? Message Board

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Technology Stocks : Exide: Overbought or bargain?

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To: sunil khatri who wrote (50)	8/5/1997 9:01:00 PM
From: patrick w. carty	of 125

Sunil, I have sent an E-mail to Ms. Andrews at Exide Investor Relations concerning the revenue percentage break-down between North America and Europe. I will report any findings. I was pleased with their recent earnings report. Remember, Exide is entering the 2nd year of a 5 year plan to consolidate 30 battery plants into 12 in Europe. They have already closed 6 plants and eliminated 1,700 positions. Savings from future consolidation should be significant. PC

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