BYX- Bayou Steel Message Board

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Microcap & Penny Stocks : BYX- Bayou Steel

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To: Jayne Furman who wrote (69)	8/4/1998 8:54:00 PM
From: Jim Cunningham	Read Replies (1) of 101

I agree. This is a strange market. I was satisfied with the 3rd qtr results, particularly with the margins . My concern here is with the falling sales. Sales have fallen sequentially for at least the past two qtrs. I wonder if we haven't seen a cyclical peak in sales. I'm still in for the long haul. With a much-improving balance sheet and solid earnings this shouldn't be selling at half of book value. It may take a while but I think we'll have our day.

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