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Revision History For: Bethlehem Steel (NYSE: BS)

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Return to Bethlehem Steel (NYSE: BS)
 
Here we have an undervalued stock in a bottomed sector. The 5 year chart shows a bottom level support of 7 1/2, and we are currently in the low 8s. Where is our downside ? The recent speculation is that the sector is turning around, and its time we talk about the STEAL in STEEL. Of course, this company is also heavily rumored for buyout as well. Time to go long, IMO.