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Non-Tech : ZOLT
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To: Dave Mansfield who wrote (604)1/24/1998 5:21:00 PM
From: Jake Heib  Read Replies (2) of 970
 
The following was posted on Yahoo.

< < Stifel Nicolas (sp?) & ?, downgraded the stock from strong buy to buy (source was KMOX radio here in St. Louis). The reason given was they thought Zoltek was having a hard time opening new markets for their product. > >

Earnings were downgraded to $1 from $1.40 for FY98 and from $2.10 to $1.40 for FY99.

Regards

Bill
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