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Gold/Mining/Energy : Magellan Aerospace Corp (MAL) New Listing -- Ignore unavailable to you. Want to Upgrade?

To: philip trigiani who wrote (336)	1/6/1998 1:22:00 PM
From: Harry Abruzzese	Read Replies (1) \| Respond to of 633

Phillip, Deliveries and revinues will start picking up soon for Magellan's operations. Airlines tend to place orders after strong financial results we'll see some strong earnings coming from them over the next couple qtrs. and the health of the corporate and regional markets is strong. Major aerospace manufacturers are relying on outsourcing to companies like Magellan more and more to increase efficiancy and reduce cost. U.S. and NATO spending stabilized after years of declines. A turnaround in spending for military aircraft modernization programs is beginning to push that market. The Pentagon is preparing for battle. The fight will be for the dollars generated by the healthy U.S.economy. The effects will be evidenced by earnings growth in 98' for Magellan and other aerospace companies. We should start to see the effects reflected in the company's stock price as the year progresses. I believe that the aerospace industry is the fastest growing industry at this time. Money managers should start shifting positions more frequently into this area during the year. Best regards, Harry