RECY Looking Good... A Message Board

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Non-Tech : RECY Looking Good... A

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To: Wally Mastroly who wrote (6726)	5/10/1999 10:59:00 PM
From: James Strauss	Read Replies (1) of 7006

Wally: MTLM is paying over 12 1/2% for their financing... That's a hefty price to pay in today's relatively low interest rate environment... It will cost them over 5 million a year to pay for this... This means that creditors view this as a greater than normal risk situation... We'll have to see how this and RECY's reorg plays out... Jim

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