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To: James Strauss who wrote (6780)6/2/1999 9:20:00 PM
From: James Strauss  Read Replies (1) | Respond to of 7006
 
Thomas Wiens Resigns...

On May 21st Thomas Wiens resigned from Recycling Industries... Luke Botica took over as Chairman...

Anyone that has access to Waste News can read it in the May 31st issue...

From a positive perspective one could say that this is what was needed to satisfy the creditors... From a negative perspective one could say that if Wiens is leaving things must be really bad... We'll probably know more in the months to come...

Luke Botica has a reputation of being a conservative financial person with a history of putting deals and financing together... He was a top executive with the David Joseph company for many years... David Joseph is the number one scrap metal recycling broker...

Jim