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Non-Tech : ZOLT
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To: froche who wrote (895)4/1/1999 8:41:00 AM
From: Jake Heib   of 970
 
Things are going to get a lot more moldy before this puppy makes a u turn. The bottom has dropped out of the CF market in terms of price and some are dumping fiber to keep all those new plants up and running. Since Zoltek really hasn't gotten but one line up, they're sitting with 12 lines and one being used. This is not how you print money. And the spot price of CF is about at the cost line. With additional capacity coming on line shortly, things are not going to get better for at least 3-5 years.

Regards

Bill
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