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Gold/Mining/Energy : AO.A

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To: Joe Stoner who wrote (70)8/20/1998 5:44:00 PM
From: Marty Leder  Read Replies (1) of 108
 
I am unable to see how they could possibly make back 3 million in the next 6 months. My prediction is that that, somehow, they will show breakeven w/very small profit. There must be cushions somewhere.....

It is incomprehensible to me for them to lose this kind of money in the first 6 mos. Do you have any idea of the breakdown by division or even by Country. My guess is that all of the loss is due to Canadian divisions with a small loss from a discontinued NYC office & perhaps a small loss from another. The only division in the US that could possibly have a larger loss for this period would be JS Collection, I just don't know, but I would certainly like to. It would be a help to see what each division contributes, gain/loss. Do you, or anyone out there, have the news clipping from the last shareholders meeting? If anyone does, I would love to see it here. Thanks....
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