RECY Looking Good... A Message Board

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Non-Tech : RECY Looking Good... A

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To: ENOTS who wrote (6729)	5/11/1999 11:31:00 AM
From: James Strauss	Read Replies (1) of 7006

ENOTS: You're right... You take what you can get... What's interesting is that MTLM is the largest recycler... It has financially oriented mgmt as opposed to RECY's operations oriented mgmt... Yet it has to accept a deal it wouldn't have accepted a year ago... This clearly shows the current state of the steel related businesses... As such, I think RECY should be given some slack by creditors who will recognize that the economic slump in this industry came from without, not from within... As conditions in the emerging countries improve, so should conditions over here... Jim

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