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Non-Tech : RECY Looking Good... A

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To: James Strauss who wrote (3764)1/13/1998 7:35:00 PM
From: Brewmeister  Read Replies (1) of 7006
 
I too listened in on the confeence call. Believe it or not, none other than our own Jim Strauss was first in line for questions.

I have a couple items with a slightly different interpretation than JIm on the conference call, but overall, his summary hits the mark.

I came away with a very positive feeling. At times, it seemed like management had to be held back (I'm not sure by whom) as they started to state something very positive sounding and concrete and it was oops, can't say that (only a couple times.

There Goal for is to have a $1B run rate by the end of calendar year 1998. This is very positive and it would seem like they may be able to pull it off since they are looking at trying to acquire some larger companies.

Unformanately, I left my notes at the office, so I have to put them out tomorrow.

Overall, very positive - IMHO.

BTW - the Simth Barney guy stated something to the effect " we are very interested in RECY"

Also, they clearly stated they were not happy with the current stock price and indicate they will take action to increase exposure on the street.

Regards,
Dan
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