RECY Looking Good... A Message Board

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Non-Tech : RECY Looking Good... A

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To: Brewmeister who wrote (4862)	5/7/1998 11:58:00 PM
From: HardMoney	Read Replies (2) of 7006

A thought regarding the debt offering. If this is a savvy management team.....they know that their #s this quarter will be good therefore....... they are raising cash because in the future they expect their stock price will be higher thereby, decreasing the amount of cash needed to close each deal, since they are "cash and stock", thereby increasing # of deals, run rate earnings etc. .......this is the bull's view on things.... ...the bearish view is that they are running out of money and need to raise cash to stay alive...... I doubt that very much especially with the stock price moving out of its range of 5-7......that is my view . Frank very long Recy "There is a plan behind every success." ( I just made that up:)))

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