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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: Bucky Katt who wrote (7373)	1/5/2001 4:08:21 PM
From: Jibacoa	Read Replies (1) \| Respond to of 13094

<<Hey, I used to own ZOLT, like 4-5 years ago..., Is there reason to buy it now? >> As you said their main product is carbon fibers which are used mainly for aircraft brakes, but they also manufacture some resins, acrylic and nylon fibers and some yarns among other items. For their last fiscal year, which ended in Sept., they reported 19% better sales, but had a loss of $4 million (0.22/share). The share price has been improving since Dec.29 coming back from the $3 level which compared to today's H of 4.875 is a 62.5% return in the last 4 trading days. (That would be 3,125% per year if we figure it on 200 trading days per year). There was an up-gap in the first 5 minutes of trading yesterday. The price is still about 60% of book. I think they can test the 6 level if the general market doesn't go kaput, but of course I could be quite wrong so don't take my word for it. Bernard