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Non-Tech : ZOLT

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To: Sir Auric Goldfinger who wrote (793)7/24/1998 11:54:00 PM
From: Marz  Read Replies (1) of 970
 
This stock sure is becoming an excellent trading vehicle. You see, Mr. Market does'nt always trade rationally. Rationally speaking, this stock has received what you would expect. Declining sales, delays in fulfilling is strategic objectives. So we went from 15 to 65 and back to 15.

Now we have the shorts convinced that there is serious mismanagement and the stock is heading right into chapter 11. Well I hate to spoil the party but even if sales continue to stagnate, this company is a long way from shutting the doors. And between now and the time when either that happens or they move on to better results there is going to be plenty of time for more rational or irrational expectations to take hold and drive this stock higher.

Zoltek is still a story stock. Right now the story is a little boring. But turn the page to a new chapter tomorrow and the story could get interesting again. And it won't take any sales, earnings or 10-Q to generate that excitement. Just a couple of new applications for the old fiber will do just fine.

Everyone be careful and good luck trading.
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