When I worked there the stock made its big drop, 13 - 5, and that's
when they decided to cut costs, i.e. me! They were working with a
small company in Colorado that was programming waste tracking systems
on PCs/laptops for the field chemists to use when packing/labeling
for Chempak, another subsidiary. No one can accuse them of overpaying
their employees, to my knowledge, but the cost of living in DE is a
bit lower than NJ or PA. My job was to rewrite the data entry screens
for a new HAZ/MAT waste analysis form, supposed to be more concise,
etc. I guess my former life as a chemist looked good to them. One
thing to note, the president of REN has only 5000 shares. They
also brought in downsized DuPont managers near the top level when I
was there. REN was hurt by companies reformulating their chemical
processes to reduce waste, and by other companies selling their
waste as raw material to others.(One man's trash is another's
treasure). They also were looking to get off/supplement their Data
General platform with RISC 6000, but I don't know if they did.
The Rollins, Inc. guy is a brother to John Rollins of Rollins Env.
and Rollins Leasing. BTW Mr Rollins is old (about 85) and I don't
know what the future holds when he passes.
As I said, the pay was lean, my boss was a bear(micromanager), but
there were some nice people there. I don't know if I would work
there again. The Leasing company programmers share the floor with
the REN programmers (small staff, about 12-15) and Leasing uses
IBM 3090s/MVS, I think.
Sorry to contribute to global warming... too much hot air here! |
