RECY Looking Good... A Message Board

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Non-Tech : RECY Looking Good... A

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To: stephen wall who wrote (5226)	7/2/1998 11:21:00 AM
From: James Strauss	Read Replies (1) of 7006

Dorsey Wright Likes RECY... ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Here is what they said: 6/23/98 [RECY] Recycling Industries: This company is a full service metal recycling firm. Since October of last year, RECY has been building a base in the 4.50 to 5.00 area... The most recent Buy signal for RECY was a double top at 7.00 and took the stock to 8.00... The stock has pulled back to 5.50 right above the strong support level, and the daily momentum is on the verge of turning positive... The price objective on RECY is the 17.50 area. Fundamentally, Piper Jaffray has a Strong Buy rating on this stock... ~~~~~~~~~~~~~~~~~~~~~~~~~~~' This ties right in with the Valuation I did the other day... Message 5074673 Jim

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