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Sunday, September 14, 2008 9:33:10 PM
The Company has observed rapid and significant reductions in commodity pricing for many metals during the third quarter, particularly Platinum Group Metals from catalytic converter recycling. This trend, coupled with anticipated exposure on unhedged metal, is resulting in a negative impact on the Company's revenues and margins in the quarter to date. Although the Company does not provide specific guidance or interim financial information during quarters, it acknowledges it may need to confirm these recent trends in the commodity markets in the course of the presentations to be made at conferences in New York and Boston this week and related question-and-answer periods.
http://biz.yahoo.com/e/080908/mea8-k.html
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