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Date: October 30, 2006
|American Skiing Company|
|Investor and Media Communications|
and 4th Quarter Results
|||Fiscal 2006 resort revenues set a new record on a same-resort portfolio basis|
|||Western resorts performed extremely well, though eastern resorts were challenged by marginal weather|
|||Real Estate debt principal balances paid off in fiscal 2006|
|||$13.6 million, 39% increase in net cash provided by operating activities|
|||Significant increases in capital expenditures across the ASC resort network for the upcoming winter season|
The following information was filed by American Skiing Co Me on Monday, October 30, 2006 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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