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: pkwknk who wrote (517)	2/4/1998 7:41:00 PM
From: SIer formerly known as Joe B.	Read Replies (1) of 972

Did I miss something or did Dow Jones make a little mistake? February 4, 1998 IDM Environmental Knows No Reason For Stk Price Decline Dow Jones Newswires SOUTH RIVER, N.J. -- IDM Environmental Corp. (IDMC) said it knows of no reason for the decline in its stock price, and said it is "surprised by the steep drop." In a press release Wednesday, IDM said it is "in the strongest position it has ever been in to achieve our growth objectives." IDM said each of the programs it has disclosed within the past few weeks is expected to provide "significant and sustainable revenues and profits for at least the next 10 to 15 years." The programs include projects in Germany, El Salvador and the Caucasus nation of Georgia. IDM's Nasdaq-listed stock was trading at 34 3/32, down 3/32 or 2.2%, on volume of 597,100 shares. Average daily volume is 354,724 shares. The stock has steadily declined in price since closing at 6 3/8 on Jan. 27. IDM provides plant relocation, environmental remediation and plant decommissioning services. __________________________________________________________________ (34 3/32? foreshadowing!)

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