RECY Looking Good... A Message Board

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Non-Tech : RECY Looking Good... A

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To: SFJayhawk who wrote (5958)	10/6/1998 9:40:00 PM
From: James Strauss	Read Replies (2) of 7006

Alan: I'd be lieing if I said I wasn't disappointed... The current deflationary economic environment has laid a heavy hand on scrap metal prices, this in turn has depressed the stock prices of scrap metal recyclers RECY, MTLM, etc... Steel cannot be produced without recycled scrap metal... So, as dark as things may now seem RECY is in a business that is needed in our economy... With all the negative posts from those people on Yahoo I have yet to see anything that points to RECY poorly managing their business... It's always the same Wiens is a bad guy type of rhetoric... They never give him credit for rapidly building the business... For those who have forgotten, we are in the midst of a BEAR market where the average stock is down over 50%... So for those that want to jump on RECY, they might as well jump on Disney, Chase, Lucent, Cisco, etc... The reality is that things will turn around... And when they do, those who live for their Wiens vendetta will be swimming up stream when RECY makes new highs in the next 12 months... Jim

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