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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Nov 26 4:00 PM EST

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To: Norman H. Hostetler who wrote (8962)3/19/1998 10:22:00 AM
From: Charles A. King   of 13091
 
Norm, could you post the URL of the news release you referred to that says the SK headquarters will be shut down and 600 people would be laid off? The only statement I could find is the WSJ article posted by Robert Korn saying

Layoffs Viewed as Likely

Laidlaw Environmental has maintained that it can achieve more than $100 million in cost savings as it intends to merge operations, and close Safety-Kleen's head office, which employs more than 600 people, most of whom are likely to be laid off.


Message 3742262

This is some reporter making a sweeping statement that this was an LLE release. Yet I haven't found such a release. From what I have seen of what passes for modern journalism, I think some liberties were taken here. Laying off SK people is probably what they will do, but I don't think they officially said it. I'm not taking LLE's side, just being a little skeptical.

Then again, this is probably something said in confidence to a reporter by an insider, not very smart.

Charles
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