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Gold/Mining/Energy : ADVANCE PULTRUSION TECH. (ADP.A)
ADP 260.30-0.5%Oct 31 9:30 AM EST

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To: Richard Cushnie who wrote (6)12/16/1996 2:11:00 PM
From: Tom McIlwain   of 13
 
Richard and Andre,

Just spoke with Bob Tyson this morning. Looks like ADP will be delisting from the ASE shortly.

They have a lot of liabilities and legal entanglements to work through before they can go anywhere. They will revert to a private company and try to work these out. Perhaps, if all goes well, in about a year, they may be in a position to begin the process of re-listing.

About what I was expecting.

Regards,

Tom McIlwain
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