To: apl who wrote (3675 ) 1/3/1998 6:27:00 PM From: TheInvestor Read Replies (1) | Respond to of 7006
For those who do not read the YAHOO RECY message board, I would like to post here my response on RECY: "Ok guys, I read all the posts aboute RECY's losses. To me they don't count a hell of beans. What I am saying if you are in RECY for the SHORT run, well it counts. But if your are in for "the long term". Don't get dismayed with all this talk here on the threads. The RECY management team is one of the finest in the small company arena, they are expanding their business and growing by leaps and bounds. There is no text book formula to be successfull, only to take chances and incur debt and grow. I assume, most of you own homes and when you brought it did you pay hard cold cash for your house or did you take a mortgage and financed it over 30 years or so? Should we consider you a failure because you incured more debt, or should we respect you for buying a home and improving your lifestyle? That applies here, if RECY does not show a magnificiant profit one quarter should we write it off as a failure or as a company taking chances and growing its business. Not every quarter in a Company's history is going to be a bang up profit quarter. Not unless you are talking aboute Microsoft, GE, Cisco, etc. Since RECY is a tiny company compared to these giants, we have to give it room to grow and not sit there and attack every move it makes. If you are truly in RECY "for the long term" you will see it my way. If you are shorting it, well I guess you are having a field day with numbers now. If you are sitting on the sidelines wondering what to do. Buy it when the price is down and wait for the profit to come back some time later. Just another observation to this discussion, TI "