IDMC Waste disposal or just garbage? Message Board

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Microcap & Penny Stocks : IDMC Waste disposal or just garbage?

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To: DD™ who wrote (482)	1/30/1998 3:40:00 PM
From: R. M. Rosenthal	of 972

DD- taking liberty of posting the message you cited just in case anyone may have inadvertently skipped by it. >> I have been hearing a lot of rumors as stock slide. The Boston Group has IDMC earning .70 this year and they feel that .70 is very conservative. I know this because I called them. The stock selling is coming from the new paper which entered the market on 1/9/98. The paper will take a few weeks to clear completely. The majority has cleared and we should see big daily swings as new investors start seeing through these ambiguos press releases. IDMC has committed to let us know as facts are inked. What I don't know is why the fourth quarter result won't be out until late Feb. or early March. They should have had a solid quarter with just the work they have backlogged. IDMC has a nine month revenue of 13 million todate and should have a fourth quarter revenue at almost 13 million. (ie East Dam project / Canadian project and consulting fee in El Salvador and Germany. I'm still curious about the additional annoucement. Is it Poland or is it Pakistan? Does anyone have good information.<<

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