Exide: Overbought or bargain? Message Board

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Technology Stocks : Exide: Overbought or bargain?

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To: Bob Frey who wrote (31)	1/30/1997 10:36:00 PM
From: Francisco A. Tomei, Ph.D.	of 125

Bob, This company, if memory does not fail me, has a debt/equity ratio of about 3. Its profits are threatened by (1) rising lead prices [over half the lead consumption in the world goes into battery production] (2) strengthening dollar - a significant percentage of earnings are in foreign exchange. Best regards. --Francisco.

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