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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (10661)5/31/2000 7:10:00 PM
From: Broken_Clock  Respond to of 78954
 
Thanks Paul. I have been watching BS for a year now and that's what led me to look at STLD. My understanding is similar to yours, but my guess is I know even less! I don't know much about the steel business other than I doubt it will go away in my lifetime. It would appear that BS is going to turn the corner next year, but a recession, IMHO, could easily overshadow their plans. Perhaps a weaker dollar could benefit US steel companies since it would work against foreign importers. BS really gave a good fight in the $5 range but, as you mentioned, has quickly moved below $4. STLD seems to have it together now vs. the future. I'll check out some of the others you mentioned.