AMIGOS INVITATIONAL YEEHAW PORTFOLIO Message Board

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Strategies & Market Trends : AMIGOS INVITATIONAL YEEHAW PORTFOLIO

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To: Sergio H who wrote (795)	7/26/1999 9:18:00 PM
From: Ditchdigger	Read Replies (1) of 1316

Hi Sergio,well BS's price seems right, but I'm not convinced there will be a sustainable increase in US steel prices in the near future,one wonders how long they can last competing in a global market .There are many trade suits currently being addressed,,yet it appears the decisions are of the slap on the hand type. "The Department also announced its decision to enter into settlement agreements with Brazil to suspend its investigations. While pleased with the Department's final determinations that Brazilian steel imports have been significantly unfairly traded, our companies strongly oppose the Department's decision to settle these cases which we believe is contrary to applicable law." "With the recent filing for bankruptcy protection by Gulf States Steel, five domestic steel companies are currently in bankruptcy" biz.yahoo.com But,there may be a move to the cyclicals...;^)DD

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