To: Rick McMahon who wrote (1) | 10/29/1996 3:54:00 PM | From: J. W. Kennedy | | |
Hello Rick, I've had DRTK for some time now and I've talked to the company and they seem ok. I am going to buy more with the recent drop. Let me know if you hear anything else.
JW |
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To: J. W. Kennedy who wrote (3) | 1/28/1997 11:35:00 AM | From: ron peterson | | |
Does anyone follow Seiler Pollution Control systems? They both seem to move in volumne and price changes together. Please help with background info. on Durateck.
Thanks,
Ron |
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To: J. W. Kennedy who wrote () | 2/7/1997 10:20:00 PM | From: ron peterson | | |
check this out---http://offo2.epa.ohio.gov/FOU4melt.htm---isn't this is a unit made by Duratek? Why wasn't there a press release other than the one listed above? |
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To: ron peterson who wrote (6) | 3/31/1997 9:44:00 PM | From: Peter H. Hodge | | |
Stock's fall today due to the following news:
Monday March 31 10:08 AM EST
GTS Duratek Inc closes plant temporarily
COLUMBIA, Md., March 31 (Reuter) - GTS Duratek said Monday it had temporarily suspended the processing of radioactive waste at a melter plant after observing possible signs of wear on certain components.
Once the melter cools down, GTS said it would make an inspection to see if any repairs are necessary.
"The financial impact could be negligible, or it could be large enough to have an impact on our near-term earnings," it said. "It is impossible to predict until the assessment is complete."
GTS said the plant, at the U.S. Department of Energy's Savannah River site, would take "several" days to cool down.
"The repairs could range from minimal repairs to replacing certain melter components, to possibly replacing the entire melter box," it said. "If corrective action results in a delay in completing the processing of radioactive waste, the company could incur contract losses on the Savannah River contract in 1997."
GTS said its $14 million contract obliges it to complete its processing of radioactive waste by October 1997.
The company converts radioactive and other hazardous waste into what it describes as environmentally safe forms. |
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To: J. W. Kennedy who wrote () | 3/31/1997 9:52:00 PM | From: Peter H. Hodge | | |
I didn't start watching this stock until it rebounded from 4 7/8 and was at 5 3/8. Point of interest, one Market Maker (DMGL) stayed on the ask for the rest of the day. It seemed they were intent on keeping the ask from rising as they sold and sold without budging even when all transactions were buys. Then, in the P.M. when there were just one or two sells, the bid dropped immediately as low as 5 1/8.
This gave me the impression that the the price could move fairly dramatically to the upside if DMGL wasn't selling. Since there was significant buying all day long, and strong into the close, I will not be surprised to see strong buying tomorrow. DMGL has kept the price down today, but who knows about tomorrow. I'll be buying some more in the AM. |
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