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Non-Tech : RECY Looking Good... A
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To: Bruce Tiemann who wrote (5910)9/29/1998 1:16:00 PM
From: ed doell  Read Replies (1) of 7006
 
>>Can you separate the effect of lower interest rates from crony
capitalism when analyzing Japan? <<

***

No, but that's worrisome here IMHO but it manifests itself in other forms. There are other worries here...particularly the fact that the asian situation hasn't really come here as yet IMHO.

I believe RECY because it is a roll-up style of company is vulnerable to several factors which are presenting themselves like pages in a book.

BTW making a new intra-day low is not a reason for optimism regarding RECY.

Ed
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