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Non-Tech : RECY Looking Good... A

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To: Sandra who wrote (3711)1/7/1998 12:02:00 PM
From: James Strauss   of 7006
 
Steel Production Up...

>>>Just heard the end of it......about China buying its steel from Asia, and this poses no threat in the imediate future for steel here. The guy was very "up" on the sector. What else did I miss?<<<
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Sandra:

I also came in at the end of it... But I did hear the Prudential Steel Analyst say that this should be a very good year for the Steel industry... Especially the third and fourth Qtrs... By then, RECY will not only be gearing towards 400 plus million in Revenue run rates, it will also have added more companies into the fold... RECY is up 3/8 on good volume while the market is tanking...

Jim
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