Rollins Environmental (REN) Message Board

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Microcap & Penny Stocks : Rollins Environmental (REN)

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To: marquis103 who wrote (13)	11/30/1996 2:51:00 PM
From: Jerry Keba	of 54

Russ: Regarding the merger possibilities, this is far from a sure thing. Consider, at this time the industry has too much capacity for all the competition and secondly, you have to consider all of Rollins's sites as potential liabilities simply because they have been involved in haz. waste destruction so it's not easy to unload a property for other uses. Now Rollins is heavily regulated and as a company we make great efforts in tracking and disposing of wastes in an acceptable manner (unlike some less regulated businesses like cement kilns and haz wastes producers). We have been through some big cutbacks and reorganizations which have also had a negative impact on earnings and now are trying to come together and get back in the black. During these cutbacks, we have not lost any capacity. We still have 5 incinerators, 2 repacking/bulking facilities and some 25 or so field offices. RES has shifted it's focus from the large producers (which there are far less now) to small customers who require more specialized services with the DOT and EPA requlations. JKeba

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