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Technology Stocks : Sheldahl Co., lets talk heat
SHEL 73.00-2.0%3:59 PM EST

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To: John Rieman who wrote (18)12/7/1996 11:59:00 PM
From: jwk   of 51
 
John - In round numbers Shel is up ~50% in the last month also. Couldn't find a reference for your $.10 loss for this quarter. Do you have a source?

As far as I understand the Sheldahl story, the future is tied to the new plant in Longmont, CO. The price drop this summer was tied to yeild difficulties in getting the new machinery dialed in.

Management went on record as saying that they expected to take care of the situation in short order and that all their contracts were hanging with them and supporting them. I've been trying to find some news about how things have gone and if that is what is behind the recent price run-up.

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Just went over and read through the Adflex folder... what's with this?

>>To: Maurice S. Green (13 )
From: k.p. chen
Nov 19 1996 4:29PM EST
Reply #14 of 14

Rick,
I can't make it on Thur.
Just read AFLX'10Q, filed on 11/14. They are in effective default on their creidt lines,and seems to head for
trouble for the next few Q. ...<<
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