RECY Looking Good... A Message Board

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Non-Tech : RECY Looking Good... A

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To: Siber who wrote (5962)	10/7/1998 11:10:00 AM
From: James Strauss	Read Replies (1) of 7006

biz.yahoo.com John: This company is not a scrap metal recycler... It's a solid waste business... Right now RECY is the third largest scrap metal recycler in the country... They're aiming high... With this goal comes higher risks than trying to be the 250th largest solid waste business... It is pretty pricey with a high P/E and P/S Ratio... Price/Earnings (ttm) 465.38 Price/Sales (ttm) 2.82 Recy's goal is more ambitious... In time, when scrap metal prices recover, RECY should emerge as one of the market leaders... You don't think they can do it... I think they can do it... Time will tell who's right... While I may disagree with you, I respect your role as the Devil's Advocate... Jim

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