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


To: EGGSHAPE who wrote (846)1/3/2003 9:11:11 PM
From: Crossy  Read Replies (1) | Respond to of 23958
 
Eggshape,
I had a chance to talk to CEO Mr. Peiser yesterday and get the impression that beet production in California won't be sold. He explained, because of the crop and the climate, the harvest is not concentrated in a certain time period and thus working capital requirements are way lower. This makes the refininng capacity there quite efficient. The size surely is..

He also conveyed that next priority will be improving MARGINS, which should be centerpiece of their strategic plan. Maybe the next quarterly statement will provide some clues, I hope..

rgrds
CROSSY