Just like you never want to hear a doctor say "oops" in the operating room, you never want to see a going-concern statement in a financial report about a company you own. Accountants throw these in when they've been over the books, talked to customers, and checked the horoscopes and have concluded there is "substantial doubt" about a company's ability to remain in business. In short, don't blame the accountants if the company files for bankruptcy protection.

You¿d reckon that a going-concern statement would be enough to send investors running to the exits, but it's not. True, many large institutions automatically bail when an existing company gets slapped with one of these, but many individuals (often wrongly) take a chance they know more than the bean counters.

During the tech boom of the late 1990s, many companies actually went public even though they had been hit with going-concern statements. Many of those companies subsequently disappeared. Enough said.

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Monday, July 07, 2008

Alon USA Announces Second Quarter 2008 Earnings Release and Conference Call Schedule

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Comtex

DALLAS, July 7, 2008 /PRNewswire-FirstCall via COMTEX/ ----Alon USA Energy, Inc. (NYSE: ALJ) ("Alon") today announced plans to release its second quarter 2008 results on Wednesday, August 6, 2008 after the market closes. In conjunction with the release, Alon has scheduled a conference call, which will be broadcast live over the Internet on Thursday, August 7, 2008 at 10:00 a.m. eastern time (9:00 a.m. central).

   What: Alon USA Energy, Inc. Second Quarter 2008 Earnings Conference Call When: Thursday, August 7, 2008 - 10:00 a.m. eastern
   time Where: Live via phone by dialing 1-800-218-8862 or 303-262-2140, for international callers, and asking for the Alon USA
   Energy call at least 10 minutes prior to the start time. Investors may also listen to the conference live on the Alon corporate
   website, http://www.alonusa.com, by logging on that site and clicking "Investors."

A telephonic replay of the conference call will be available through August 21, 2008 and may be accessed by calling 1-800-405-2236 or 303-590-3000, for international callers, and using the passcode 11116431. A web cast archive will also be available at http://www.alonusa.com shortly after the call and will be accessible for approximately 90 days. For more information, please contact Donna Washburn at DRG&E at 713-529-6600 or email dmw@drg-e.com.

Alon USA Energy, Inc., headquartered in Dallas, Texas, is an independent refiner and marketer of petroleum products, operating primarily in the South Central, Southwestern and Western regions of the United States. The Company owns four crude oil refineries in Texas, California, Louisiana and Oregon, with an aggregate crude oil throughput capacity of approximately 250,000 barrels per day. Alon markets gasoline and diesel products under the FINA brand name and is a leading producer of asphalt. Alon also operates more than 300 convenience stores in West Texas and New Mexico primarily under the 7-Eleven and FINA brand names and supplies motor fuels to these stores from its Big Spring refinery. In addition, Alon supplies approximately 800 additional FINA branded locations.

 Contacts: Claire A. Hart, Senior Vice
   President Alon USA Energy, Inc. 972-367-3649 Investors: Jack Lascar/Sheila Stuewe DRG&E / 713-529-6600 Media: Blake Lewis
   Lewis Public Relations 214-635-3020 Ruth Sheetrit SMG Public Relations 011-972-547-555551

SOURCE Alon USA Energy, Inc.

http://www.alonusa.com

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