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Non-Tech : ZOLT

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To: Mike M who wrote (774)7/17/1998 11:45:00 AM
From: aatkinson  Read Replies (1) of 970
 
Your right, anything's possible - in the short run. With regard to the "looking for a bottom"; although I think that technical analysis and action can control the market in the short run, I think that fundamentals always rule in the long run. It's not "shock value" that will drive the stock lower, but rather the "possible" continued disappointments in revenues and earnings from the carbon fiber line. In the long run, it will be Zsolt's ability to produce low cost fiber, increase applications, and therefore earnings that will decide success or failure -- not charts nor proverbial searches for a specific price level. I think that's the only long term possibility; I'm sure you would agree.
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