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Strategies & Market Trends : The Round Table: A work by the squares of the SNDK thread.

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To: phoenix who wrote (74)	3/18/1999 11:13:00 PM
From: Bill Zeman	Read Replies (1) of 194

Roger The US steel market has been dead and dying for years now hasn't it? I was under the impression that it was like the TV and stereo market: permanently dominated by foreigners from now on. What makes you think with surety, it will ever come back? If they are loosing all their business, then even their low PE and dividend become suspect. The long term chart seems to BEAR, (nice pun, huh?) out my sentiments. Looks like a long steady decline into oblivion. quote.yahoo.com Bill Zeman

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