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Non-Tech : ZOLT
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To: NEIL MACK who wrote (79)12/19/1996 9:27:00 AM
From: Todd King   of 970
 
Hi Neil. Thanks for the information. The research I have done suggests that the current price for Zoltek discounts even a very optimistic scenario. Did Merrill or Cabot offer any compelling reasons why this security deserves such a rich valuation, given the significant risks of competition should the markets develop as projected?

Thanks.

Todd King
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