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Non-Tech : ZOLT
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To: Cameron Dorey who wrote (1)9/25/1996 5:01:00 AM
From: Tulvio Durand   of 970
 
Cameron, apparently the news that is behind the recent gain is that Merrill Lynch brokerage has initiated coverage. Do you know if ML issued a "Buy" recommendation?

Also ZOLT announced that it is issuing 3 million additional shares, normally a negative because of dilution, but the stock reacted positively. Any idea of what's going on?

Thanks,

Tulvio
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