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To: rkc who wrote (3992)3/23/1999 2:01:00 PM
From: SIW  Read Replies (1) | Respond to of 13776
 
Just got off phone with CRNC...Florida Machine deal is close to being signed....possible PR tomorrow or Thurs with details...conference call may be announced as well. Seminole Scrap deal still looking great but to be restructured...instead of buying Seminole, which was in effect a holding company for Iriquoi and the other sub, they will be buying the subs only...he said they didn't need to buy the staff and operational assets of the holding parent, just the underlying company. Overall looking good on all fronts...

Price dropped to .75, I bought more.