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Non-Tech : Secret Squirrels hit!

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To: Wayne Rumball who wrote (1005)	9/18/1998 11:53:00 AM
From: musicguy	Read Replies (2) of 12872

PHV- Damn, 6 month revs over a billion?? Jeezoid.... trading at 52 week low, all those insider trades look impressive as well.... "Philip is on schedule with its asset disposition program and continues to have the support of its lenders for its reorganization and debt reduction program." "''We are on track with our divestiture program. We are confident that through the sale of these assets we will achieve our debt reduction objectives by year-end.'' ''As we move forward with this program, we will follow a parallel course to restructure our credit facility by reducing both the level of debt, terms of the debt, and lenders involved,'' continued Mr. Pardo. ''We have also made considerable progress in other areas of our reorganization program including establishing a new management team, cost reduction programs and enhanced systems and controls. These changes will make us a leaner, more decentralized, and focused organization.'' At 7/8, this may be worth buying a few thousand shares and socking them away till at least New Years.... This just bumped a few things off my screen. MG

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