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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: David Rubin who wrote (139)2/12/1997 3:59:00 PM
From: Gary105   of 274
 
David - good question. Alda has made acquisitions in the past and given
their core competencies in golf club shaft manufacuture, I assume they
would be capable of branching out into titanium if they believed it would
be profitable. Right now they believe vertical integration is the preferable
strategic approach - I wonder if they considered your alternative.

They have plenty of cash which they have been using for stock buybacks.
Insiders also have been buying. Their current price, strong earnings
and cash on hand make them vulnerable to a potential takeover.
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