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Non-Tech : Loewen Group
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To: Daniel Chisholm who wrote (131)4/1/1999 2:40:00 AM
From: Michael Bidder  Read Replies (1) of 277
 
Daniel,

Thank you for that fair analysis. The red will really start to flow now that the company has disposed of some of its assets. Could you help me with a couple of questions please?

*Is their any way to find out or estimate what percentage of revenue the sold assets represented?

*I read that Loewen dumped approximately 25% of her assets (124 cemetaries ) that generated 10% of her revenue for a 5% debt reduction (100 mill).

Can you comment of that Daniel?

Regards,

Michael Bidder
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