BYX- Bayou Steel Message Board

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Microcap & Penny Stocks : BYX- Bayou Steel

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To: Herc who wrote (94)	3/8/1999 9:02:00 PM
From: Andrew F	Read Replies (1) of 101

The P/E is an embarrassment Whenever I tell someone the story of this company, they ask what is wrong when they hear the P/E. So I go through the whole drill, blah, blah, blah. SPONSORSHIP! We have none. That is what the NY Times article might do for us... some poor fund manager looking for a good company laying around. And he buys it and tells his fund friends, and then the next thing you know it is on CNBC being touted for the solid company it is. After today's action, I am resigned to believing that it will be a while before we can start seeing some appreciation. After the first few minutes of the day, no one cares. I am still trying to figure out who is selling, and why. Tired longs? Frustrated longs? That is the only semi-logical answer I have.

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