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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Crossy who wrote (797)12/31/2002 10:49:27 AM
From: JoeinIowa  Read Replies (1) | Respond to of 23958
 
Crossy,

Here is what I read from the report.

Operating Income: $6,040
Interest Expense $(6,679)
Gain on Asset sale $4,437
Other $1,394

Total $5,492

Without the asset sale and Other gain they lose money given the Interest Expense. Future quarters should be much better given the Interest reduction. I did see a news release the other day about the problem they are having with the union and severance pay. Did you ever figure out the pension liability? Thanks.

Joe