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Non-Tech : RECY Looking Good... A

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To: wpckr who wrote (5922)10/1/1998 5:01:00 PM
From: Siber  Read Replies (2) of 7006
 
I hate to burst bubbles with regards to RECY...but this company is doomed. Poor management....deeply in debt....low cash reserves....late financial reporting....CPA Firm has resigned.....overvalued inventory....and not enough capacity to cover interest cost....a president that has gone out and borrowed money at 13%....junk bonds in a junk company....how appropriate.

For those that are bullish on RECY may I suggest taking a look at neurx.com here you will find why you are mistaken about this company and its prospects.

Just my opinion, but I have been following this stock since November of 1997 and things just seem to get worse every month.
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