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Monday, August 19, 2002 10:56:59 AM
Aspens U.S. assests production is declining and that is troublesome considering all of the grandeous claims made in the recent past about those assets. It's just those assests I am concerned about as I told you before, my gut was telling me all was not right with these assests and recent production numbers support that feeling.
The Revs for the Aciding unit were off by nearly 50% for the Qtr. indicating a disruption in new production? Texas has seen some flooding, do you know if this caused any of the slow down?
I sure hope so as anything less could become a train wreck if you get my drift.
Apparently JW is now cutting costs! Should have been done months ago to improve efficiencies between the new entities.
The CFO should have daily reports in front of JW but yet it takes 6 months to conclude cost cutting measures are necessary. I think we concluded that back in Feb!...lol
BTWY, I have been watching share volume on the TSE compared to the OTCB for about a month now. Canadian volume consistantly outpaces U.S. volume...something to watch.
P.S. Thanks for all of your DD.
All just my opinion of course, STL
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