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Non-Tech : Is Terra Nitrogen Co. L.P. a good buy? (TNH) -- Ignore unavailable to you. Want to Upgrade?


To: jhild who wrote (86)4/23/1998 4:46:00 PM
From: Stephen D. Wilson  Read Replies (1) | Respond to of 91
 
jhild,

The light at the end of the tunnel is the fact that alot of the farm land that wasn't treated becasue of the weather will need to be treated when they plant this coming year. Especially any land that had been flooded. And that was a lot of land. If you look at th e summary of volumes and prices you'll note that Urea sales increase 23,000 tons. The price was down but at least the sales were up. Also did you note that in the Balance sheet that it showed an increase in Accounts Receivable of $1.808 mil.
I will be lookin ginto the 10q to see if there is an explanation why their Interest income declined by $1.1 mil.

Steve