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

To: stephen wall who wrote (3729)	1/8/1998 3:29:00 PM
From: James Strauss	Respond to of 7006

A Healthy Industry... >>>Nucor earned $79.98 million in the quarter, up from $57.89 million in the same period last year. Revenues increased to $1.1 billion from $937 million. Preoperating and startup costs, including costs for a new structurals mill in Berkeley, S.C., and a new cold mill in Hickman, Ark., were $12.3 million in the quarter. For the first nine months of 1997, Nucor shipped 7.3 million tons of steel, compared with 6.3 million tons a year ago.<<< ******************************************* Stephen: Nucor is reflective of a healthier Steel industry... I think investors are now looking beyond the initial one time Acquisition costs and interest charges to what RECY will be like as it matures and becomes a bigger and bigger company... Jim