Magnifoam Tech MTG/ASE Message Board

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Gold/Mining/Energy : Magnifoam Tech MTG/ASE

MTG 27.91

-3.8%

Jan 12 3:59 PM EST

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To: Ron Nairn who wrote (95)	10/16/1998 8:26:00 PM
From: RENO GAMBLER	Read Replies (1) of 144

To Ron: I have been in touch with Magnifoam and have confirmed that major airlines have already made inquiries into their fire proof/toxic free /insulation foam products. Delta and others are already using their products (Delta uses it underneath their aisle carpets). This product will not melt or burn even with a blow torch directed at the surface for long periods. I have personally watched an individual hold his hand on one face of a piece of this foam (approx. 20 mm. thick) for 3to 4 minutes while a blow torch was held directly underneath with the flame repelling from the other surface. The person was amazed that his hand remained cool and that there was no smoke or toxic fumes coming from the foam sheet. There is no doubt that the move in the stock today reflects a continuing acceptance of their product in the transportation industry. The fact that major airlines and rail transportation companies are already dealing with Magnifoam proves that they are very competitive in this market. I am sure that the FAA decision will only add to their fortunes shortly. RENO GAMBLER

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