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Perhaps we should take a look at this group & in particular CTB &
KROG.
CTB: (was also mentionned 99-01-08 on CNBC by Awatt Assets as a
stock to watch & possible take over candidate in 99)
The primary business of the Company is the conversion of natural and
synthetic rubbers into a variety of carbon black reinforced rubber
products. The Company manufactures and markets the following products
for the transportation industry: automobile, truck and motorcycle
tires; inner tubes; vibration control systems; automotive sealing; and
hose and hose assemblies. The Company markets its products
domestically and internationally through well-established channels of
distribution. The Company engineers and manufactures rubber parts for
automotive vehicle manufacturers. The Company's engineering and
marketing personnel work closely with these customers to assist in the
design and development of rubber products to meet their changing
requirements. The Company is in the application of computer technology
to the development of new tire products and engineered automotive
products. The use of computer-aided design (CAD) and sophisticated
modeling programs reduce the company's product development costs and
the time necessary to bring new products to market. In 1997, the
Company had net income of $ 122,411 (in thousands)
KROG:
The Company is a provider of fully integrated ballistic and blast
protected vehicle armoring systems for military, commercial and
governmental clients worldwide. Through its O'Gara-Hess & Eisenhardt
Armoring Company subsidiary, the Company currently is the primary
provider of armoring systems for High Mobility Multi-Purpose Wheeled
Vehicles used by the U.S. Military and other armed forces worldwide.
OHE also provides armored commercial vehicles for heads of state,
business executives and VIPs worldwide, including presidential
limousines used by every U.S. President since 1948. Through its O'Gara
Satellite Network subsidiaries, the Company provides vital
communications systems for its clients by integrating proprietary
hardware and smart card billing software that operate on the
International Maritime Satellite network. The Company recently began
offering security related services, such as advanced driver training,
background clearances, business intelligence, country risk
assessments, foransic auditing, force protection consulting and
private security agent training. In addition, the Company offers
customized turn-key site security systems to international customers.
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