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Strategies & Market Trends : Charts With An Attitude; Trading In & Out -- Ignore unavailable to you. Want to Upgrade?


To: Linda Kaplan who wrote (4183)12/2/1997 1:10:00 PM
From: James Strauss  Read Replies (1) | Respond to of 4701
 
>>>What are your thoughts on RECY? It's been showing some weakness.<<<
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Linda:

I feel as strongly as ever about it... We are just getting into gear with the recommendations (Red Chip & Wm Smith etc.)...

Some people use this as a time to sell on the news... Some people may be concerned about a possible flat earnings Qtr... What they fail to see is that even a flat Qtr is an improvement over the loss they had in the comparable Qtr last year... And... They certainly aren't taking into account the explosive revenue growth, that, in the hands of this great Mgmt team, should translate into ooooodles of Earnings growth...

RECY is one of the few stocks that I feel safely about averaging up or down...

Jim



To: Linda Kaplan who wrote (4183)12/2/1997 1:28:00 PM
From: James Strauss  Read Replies (1) | Respond to of 4701
 
BOBJY....

Linda:

BOBJY broke through the 10 1/2 support area... The next major support is 9 1/4... I'm going to add to my position when I see some stability in the price... That should be when the price stops falling and starts moving up again... Nothing has changed fundamentally for the company...

Jim