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Non-Tech : ZOLT

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To: Brian who wrote (585)1/21/1998 4:52:00 PM
From: aatkinson  Read Replies (1) of 970
 
Guy may have a point regarding the "technicals" driving up the price; I really dont know much about technical analysis. I didn't get Mike's post on why the price was up - too cryptic for me. BUT the fact that Zolt is bringing on new capacity in Texas has been news for about a year, and yes increased capacity will BEGIN, that is BEGIN to have an significant impact on earnings. As a matter of fact Zolt claims that there will continue to be significant increases in capacity over the next few years. If the new capacity story drove up the price then the new buyers must be aliens.
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