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  • ssam ssam Nov 6, 1998 10:16 AM Flag


    Dow Chem is pulling out of slow down in 4th
    quarter now. According to
    leading market research,
    the caustic price is recovering significantly
    the low price level. It appears that Cholorine is
    also recovered
    some what slow thean that of
    caustic. In plastics side, both PS and
    PE are coming
    back in volume purchasing. It is also inevitable that
    will see a aggressive last month sales increase, while
    the prices
    for plastics are stable and riased
    All this translated to a 50% of Dow's business. So it
    is almost csetain
    that next quarter release will
    result higher then this quarter eqrning.
    also watch
    for supprise. There are certain number was put into
    book due to M&A activity. But 4th quarter is time all
    number consolidated
    into Dow completes. Given the
    fact of conservative accounting. I assume some
    the reserves will be re- bookas at asset side due to
    larger estimate and
    lower actual number.

    have see the end of light on earning decline here -:)

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    • ABTX may not fit into Dow's current needs at
      DOw's approach is complete different then DD and

      Monsanto. If there is anything that DOw will do is

      committe current internal resource and put the
      into MYCO. There will be ppl move from Headquarter

      to MYCO and we can see no other interest to swallow
      money losing enterprise.

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