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Non-Tech : Let's Talk Blue Chips

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To: David Luckie who wrote (12)4/11/1997 11:49:00 AM
From: Paul Weiss   of 17
 
David-- If I can chime in, I second your thoughts on steel. There are a multitude of prospects, most of 'em look appealing. Steel prices are beginning to rise which will increase margins and leverage profits. The risk (and there's always a risk) would be the Feds raising interest rates too much, cooling the demand for steel. Note-- this is opinion, not fact. But I did put my money where my keyboard is... made my first ever purchase of a steel stock last week (Oregon Steel, OS). Quanex, Worthington are two more that I kinda like... and fit the Blue Chip concept better than my specific investment. Regards, PAul
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