Thiokol now Cordant Techologies (CDD) Message Board

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Technology Stocks : Thiokol now Cordant Techologies (CDD)

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To: Carmine Cammarosano who wrote (1)	11/18/1997 6:14:00 PM
From: Carmine Cammarosano	Read Replies (1) of 127

I would love to hear from investors...TKC's sales come from 3 segments, the first is from the space segment, accounting for 46% of all sales...the second is from the defense segment and this accounts for ~27% of sales and finally, the 3rd segment is the Fastening system, also accounting for about 27% of the sales...The SPACE segment consists of rocket motors, boosters for NASA etc...this to me seems like a high entry barrier type of business...great for Thiokol...the DEFENSE segment consists of propulsion systems for missles, ie the Trident Missles and the Patriot Missles...I do not much about the Fastening segment of their business...finally, they also make gas turbine engines...

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