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Non-Tech : ALDILA INC. golf shaft manufacturer; Nasdaq:"ALDA"
ALDA 0.05000.0%Nov 3 10:55 AM EST

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To: Gary105 who wrote (90)1/17/1997 10:17:00 AM
From: Jolly Roger   of 274
 
Gary, it is moving up just like one of Tiger Wood's drives thus far today. At the 1/2 hour mark, it has traded 51,000 shares, on pace for a 600,000 share plus total daily volume. If the market holds up, ALDA should clear 5 3/4 by days end. It looks like the volume today will be greater than yesterday's 581K. Maybe something is up. About 9:30 a.m. p.s.t. I will call Ms. Colburn to see if she has heard anything new. ALDA can really run up fast if the volume holds up. Its a real momentum play. Last year, the pre convention rumor was that Calloway Golf was going to give ALDA a large shaft contract, which was not the case. The stock tanked back fast when the convention ended. Two years ago, the pre-convention rumor that ran the stock was a supposed buyout offer. That was also untrue. Let's hope that this year the improving fundamentals will move and keep ALDA up for the long term. And the new carbon facility is coming. Gotta love this stock.

Jolly Roger
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