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Non-Tech : ALDILA INC. golf shaft manufacturer; Nasdaq:"ALDA"
ALDA 0.05000.0%Nov 3 10:55 AM EST

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To: Gary105 who wrote (99)9/24/1997 12:16:00 AM
From: Martin Spallone   of 274
 
To All: ALDILA is simply a low risk investment in a good solid company
with a huge market. I bought my first set of Graphite shafts today and I think there is plenty of golfers switching now that prices are lower. But actually, I've owned the stock at 3 5/8 and I'm sorry I sold it at 5, now I'm back in a 5 5/8, and this time I'll stay until $10.00. The bottom line is that ALDA is trading at or near book value and that's a positive since they are obviously looking better on the balance sheet with every quarter. The stock will achieve 10 or at least 200 day moving average of 8 or so within a few months. No sense trying to convince everyone how great or not so great graphite is.
You can own this stock at book value and probably sell it at twice book in six months. Not bad. Once it breaks out of 6 its going to 10.
It is however supply and demand that drives the markets. Lets hope there's more demand soon.
Marty from CT
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