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Joe Stocks

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Joe Stocks

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Re: Francois+Goelo post# 6141

Saturday, 06/08/2002 2:30:31 PM

Saturday, June 08, 2002 2:30:31 PM

Post# of 25232
F. Goelo, Why do you think CLHB will continue to go up? Looking over the press release it looks like they are buying a bankrupt company. Is it that great of a deal? I'm a little concerned also that as of 3-31-02 they only show 3.6 mil in cash but they are paying $46 mil in cash for safety Kleen and assuming $265 mil in environmental liabilities.

High volume yesterday on a strong gain has me looking but I do not see why. Can you provide some "color"?

Thanks, Joe

Joe

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