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Microcap & Penny Stocks : Patrick's Penny Players' Paradise

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To: Warlock who wrote (26)7/10/1998 9:14:00 AM
From: Gator   of 275
 
Thanks Patrick,

I spoke to the CEO of PDGE yesterday (John Regan), and poised the question of the future of the company as asbestos abatement jobs start drying up. He said there are still a good 4 years worth of major jobs domestically, 7-10 years including smaller jobs, and much more than that internationally. However, Regan is already looking at other high-growth industries to transition the company to 3-4 years down the road. He plans to spin off the environmental cleanup side of the business (as a separate company or sell to employees or outside part) as part of the transition.

Gator
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