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Technology Stocks : Plasma and Materials Technologies !!!!
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To: Technoman who wrote (186)10/4/1996 9:08:00 AM
From: Zeev Hed   of 383
 
Technoman: An increase in working capital of 30% of incremental sales is quite conservative, since you have PMAT financial, why don't you look up their current working capital relative to sales and see what it is.

If the profit margins on Forcefil exceed 40% than they could accumulate the working capital from sales, otherwise, they may have to go back to the well.

Are you telling me that $60 MM of Forcefil equipment replaces $145 MM of equipment? That make this part of the proces about 15% of the total process. I have been too long out of it to keep the gut feel of reality on this.

Zeev
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