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Technology Stocks : Thiokol now Cordant Techologies (CDD) -- Ignore unavailable to you. Want to Upgrade?


To: HairyWho? who wrote (67)10/27/1998 8:45:00 AM
From: Carmine Cammarosano  Respond to of 127
 
KENNEDY SPACE CENTER, Fla., Oct. 27 /PRNewswire/ -- When NASA's Space Shuttle Discovery lifts off on October 29, some of the team that worked on John Glenn's first space flight 36 years ago also will be a part of this mission.

The giant twin reusable solid rocket motors (RSRMs) that lift the Shuttle into orbit are made by Thiokol Propulsion, a division of Cordant Technologies. And while these Thiokol motors will send Glenn and the entire Discovery crew into space in 1998, it was a trio of Thiokol motors that helped return the American hero safely to earth on February 20, 1962.



To: HairyWho? who wrote (67)11/1/1998 11:15:00 AM
From: Carmine Cammarosano  Respond to of 127
 
CDD is in great standing...they raised money earlier this year when borrowing money was easier for companies...using a modest multiple of 14, CDD should be over $45...if you consider next year's earnings of $3.78(mean from Zacks), CDD will be between $50 to $55 in 12 months...that is a 30% return at these present level...it will happen...the barrier to entry is high...the estimates are conservative...the up-side is good...the down-side is low!!



To: HairyWho? who wrote (67)11/9/1998 12:21:00 PM
From: Carmine Cammarosano  Respond to of 127
 
Looks like we have an upgrade today...



To: HairyWho? who wrote (67)12/22/1998 11:38:00 AM
From: Carmine Cammarosano  Respond to of 127
 
NEW YORK, Dec 22 (Reuters) - Credit Suisse First Boston said
Tuesday it initiated coverage of Cordant Technologies Inc. (NYSE:CDD - news) with a buy rating.