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Microcap & Penny Stocks : Rollins Environmental (REN)

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To: Joe Lowe who wrote (3)11/6/1996 11:58:00 AM
From: Woody_Nickels   of 54
 
What do you want to know? I programmed at REN for two years, '92-93
and have been picking up shares from 5.25 and lower. I used to see
Mr. Rollins in the lunch room, his son in their basement gym and
probably can still call some former co-workers to get some real info.
Mr. Rollins made his money leasing corporate cars/trucks. He's worth
over $1B, yes with a B, had a cable TV company in the sixties (too
early), owns the former Brandywine racetrack (horses) which is said to
be a mall soon, and has several other businesses to support the
Leasing and environmental businesses...A Travel agency, Matlack truck-
ing, etc. Mr. Rollins brother is in Atlanta, owns Orkin and maybe he had the cable company and sold it to T. Turner (not Tina!). Their building in Wilmington, DE is about 9 or 10 stories on a
plateau overlooking the city. Mr. Rollins has 4 ex-wives, I think.
Right now my average price is about 3 1/2 but I almost bought more
last week at 2 1/8 or so. Went into IDTI instead...maybe next time.
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