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To: Milk who wrote (1678)1/23/1998 10:57:00 AM
From: Tony  Respond to of 6654
 
I had thought that we are in oil only in a distribution sense...
Since we're acquiring existing oil and tire stores, and we're not
getting into production or manufacture, the two industries are integrated. That is, our stores will sell tires and sell oil, but since both will be sold from the same store we can look at the
figures for each of the acquisitions without trying to break them
into an oil figure and a tire figure.

I may be wrong about this, someone should ask Arnold when he gets back. Personally, I'd rather we did one thing (distribution) well and took a profit, rather than try and do many things (exploration, refining, packaging) in a mediocre manner and ending up taking a loss.

-Tony