ZOLT Message Board - Msg: 783625

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Non-Tech : ZOLT

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To: Jake Heib who wrote (117)	2/7/1997 12:54:00 PM
From: Ram	of 970

I went to the shareholder meeting. Very upbeat. No problem selling all capacity for at least two years. +5 lines in 97 - on order, +10-11 lines in 98. That expansion will deplete $75M cash at $5M per line. $50M line of credit reserve. Profit from 97 lines in 97Q4. Magyar Viscosa precursor/Zolt CF out already - in review cycle. MV coming online faster than predicted. New US site in one month - SW USA (warmer, drier, w/ lots of expansion room). To date application R & D has been handled by user. All capacity already spoken for so no need to spend capital on R & D. Marketing - "Market won't develop until capacity on line". GM has HUGE plans for CF. Already in 100%CF real live truck drive shafts (200lb savings). Soon steering columns. Buy now. RAM

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