Thiokol now Cordant Techologies (CDD) Message Board

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Technology Stocks : Thiokol now Cordant Techologies (CDD)

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To: Carmine Cammarosano who wrote (38)	3/29/1998 8:09:00 PM
From: Wolfgang Leopold Beirl	Read Replies (2) of 127

Re: competition Carmine, thank You for the response. Meanwhile I found out the following: Competing companies are Alliant (ticker: ATK) and UTC. However, Thiokol has joint ventures with both for Minuteman and Trident. There is no competition for the RSRM (space shuttle booster) and it is thus very likely that they will get the NASA contract for 40 RSRMs to be delivered until 2005. I did not find exact numbers about their market share, however, their Castor-120 is used for several launch vehicles (including Taurus, Atlas, LMLV (Athena) etc.) and therefore I guess that TKC will make some nice profit from the current boom in LEO launches. By the way, meanwhile VectorVest shows a target value of $70.10 for TKC. Best regards, Wolfgang

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