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Non-Tech : ZOLT

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To: aatkinson who wrote (424)12/13/1997 11:45:00 PM
From: Mike M  Read Replies (1) of 970
 
Aatkinson-

<<How about a simple "declaritive sentance"(sic-another typo?): The major contributions to the bottom line due to economy of scale is when you can increase capacity without major capital investment. Is that simple enough for you.>>

Oh, it sure is simple enough...it continues to evoke a great big, "so what!" Being the low cost producer and trying hard to catch up to demand isn't such a bad position in which to be.

Personally, I think you are too impatient and your posts have too much unsubstantiated (negative) opinion. The large capital expenditure may delay earnings, but the result is a modern and efficient new manufacturing plant. This should reward ZOLT for many years to come.

Furthermore, ZOLT did a nice job raising capital and will have little need to rely on debt for plant expansion for the forseeable future. Envious position...

Sorry if I hurt your feelings, but, frankly, your previous post put sobriety in doubt and it becomes rather boorish...

Just looking for your best, Aatkinson...

Mike

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