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Non-Tech : RECY Looking Good... A -- Ignore unavailable to you. Want to Upgrade?


To: Tim Oliver who wrote (3688)1/4/1998 8:17:00 PM
From: James Strauss  Read Replies (1) | Respond to of 7006
 
Looking Forward...

>>>It's reasonable to me that, in order to get $200 million in financing in December, someone must have at least peeked at RECY's books and knows A LOT more than is generally made public. It makes
sense that they not only know what happened in the Sept. quarter
that caused a negative operating income, but also know what happened in October and November as well.

If "accredited investors", after knowing a lot more than I do, buy
1.67 million shares of RECY (this is not just some hype IPO) at $6, I feel that anything under $6 is a bargain. In fact, it's reasonable to expect that these investors with $10 million of $6 RECY stock in December (now January) expect to make "a little bit" of a profit, don't you?<<<
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Another good analysis Tim...

October, November, and December are yet to be reported on for the first QTR of 1998... The accredited investors and G.E. Credit have probably seen things that the average investor hasn't seen... They do what they do for profit... So, they must like what they see with RECY...

Jim



To: Tim Oliver who wrote (3688)1/6/1998 8:00:00 AM
From: Brewmeister  Read Replies (1) | Respond to of 7006
 
Tim,
I like and agree with your logic. In the situation you describe, One would think those investing would have done a reasonable due diligence in order to value the cost of their shares.
Dan