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To: franco nuvoloni who wrote (41)3/1/1998 8:38:00 AM
From: Crossy  Respond to of 189
 
Frank,
thanx for Your reply. I was thinking about the same because the company seems to be delaying its quarterly announcement to the maximum extent. This means IMHO that they want to get rid off XCEL-Arnold in their balance sheet. I hope they will succeed. Once this dark cloud cleared up, I'm ready to get in.

Problem #1 seems to be that the buyer is a private enterprise, not a big corp. like JBIL. This makes financing much more complex.

best wishes
CROSSY



To: franco nuvoloni who wrote (41)3/10/1998 4:24:00 PM
From: Steven D. Spurlock  Read Replies (1) | Respond to of 189
 
Frank,

Do you know when they will announce their earnings? From what I can see in volume and price movement, no one thinks it is going to be good news.

Steve