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

To: D J Katich who wrote (3699)	1/5/1998 10:19:00 PM
From: James Strauss	Respond to of 7006

Support... >>>Do you think that if RECY reports a 4th quarter loss, this stock will see the mid to low 4s again -- if only for a brief glimmer -- because I would like to double my position in that range, then I can make twice as much $$$ on its climb back up!<<< ********************************* DK: If RECY should report a 4th Qtr loss, it's hard to say what will happen pricewise... The current price correction may have already discounted such an event... But, if the price does fall further, there are two areas of support; 5.00 and 4 3/8... The 5.00 area offers good support... In the event the price should drop to the 4 3/8 area, it would most likely be a quick Spike Bottom ( \/)... That would be the time to mortgage the farm... : > Jim