BYX- Bayou Steel Message Board

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Microcap & Penny Stocks : BYX- Bayou Steel

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To: Jayne Furman who wrote (83)	11/22/1998 5:52:00 PM
From: Jim Cunningham	Read Replies (1) of 101

Jayne, I am surprised at both the huge EPS and the lukewarm market interest. It looks like you can't give the stock away. Huge trading volume on Friday, but plenty of sellers to keep the price below 6. I don't understand the skepticism that is keeping the price down. All of the steel cos. are in the doghouse, but this one seems to be at the very bottom. The BYX turnaround looks pretty solid to me. It's just happening at a time when everyone seems doubtful of all domestic steel cos. I plan to take a long hard look at the complete financials once they are available on EDGAR; I'll get back to you and give you my .02 worth. Jim

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