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Non-Tech : ZOLT

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To: aatkinson who wrote (584)1/20/1998 7:44:00 PM
From: Brian  Read Replies (2) of 970
 
I think it is the other way around, Cabot will put it as a buy because of the price increase. I agree with today's motley fool report which stated <<"Carbon fiber company Zoltek Companies (Nasdaq:ZOLT - news) gained $5 1/8 to $34 after it announced last Friday that it "expects five new continuous carbonization lines" completed in 1997 to begin having a "substantial impact" on sales and earnings in the second half of fiscal 1998... >> fool.yahoo.com
IMHO it is this news from last friday and that it has been oversold that we can thank for the recent price increase. At these prices it is a very good value.

Another stock that has turned it around this year is FIBR which closed last year at 2.15625 and is now trading at 5.34375, that's a 148% increase in 13 trading days. IMHO it is just starting its breakout from last years low.

Brian
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