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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (89163)	2/3/2001 8:13:45 AM
From: JHP	Respond to of 132070

well from my perspective thank god you played TIE! All i did was buy a third @4.5 and another @3.5 and i am still sitting here,i also have lots of patience for that 20 per share. regards john

To: Joan Osland Graffius who wrote (89163)	2/3/2001 9:24:36 AM
From: JHP	Respond to of 132070

Joan let`s not forget the law suit. Timet trims its 4th-qtr. loss significantly By Frank Haflich LOS ANGELES, Feb. 1 -- Titanium Metals Corp. and Boeing Co. aren't negotiating a settlement in Timet's $600-million lawsuit against the giant aircraft manufacturer. J. Landis Martin, Timet's president and chief executive officer, said there were "no active discussions" under way between the two sides. Last year, Denver-based Timet hit Boeing with a complaint in Colorado State Court charging that it had repudiated and breached a 10-year supply agreement signed in 1997. Boeing has denied the charges. Although Timet had held settlement talks with Boeing, Martin told an investors' telephone conference that discussions were not currently in progress, "although that can change anytime in the future." He added that the case was still in the discovery phase and a trial was expected next year. Timet estimated that under its long-term supply agreement with Boeing, the aerospace company was obligated to buy 10 million to 12 million pounds of titanium from Timet last year but instead purchased about 1 million pounds. Meanwhile, Martin, whose company narrowed its loss significantly in the fourth quarter of last year, indicated that Timet might approach profitability by year's end. Mill product shipments should increase 10 to 15 percent while selling prices should rise gradually, but with all of the impact in the second half of the year. Timet would continue to have "a significant loss" this year, Martin said. He anticipates an improving environment as the year goes on, although he stopped short of predicting a profit before the year is out. "Hopefully, we might get there in the fourth quarter (although) that's not where the numbers that we've given today would lead people," said Martin. Mill product shipments increased 5 percent in the fourth quarter over the same 1999 period to 2,904 tonnes, but the average price declined 10 percent to $27.40 per kilogram. Melted product shipments, which often precede mill product output by a quarter, soared by 140 percent in the fourth quarter over the same 1999 period to 2.1 million pounds. The average price, however, declined 4.7 percent to $13.15 per kilogram. Titanium Metals Corp. (in thousands) 2000 1999 Year ended Dec 31 Net sales $426,800 $480,000 Net income (loss) (38,900) (31,400) 4th qtr. ended Dec. 31 Net sales $106,500 $105,500 Net income (loss) (6,400) (17,500) © 2001 Cahners Business Information. All rights reserved.