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

To: James Strauss who wrote (4034)	2/11/1998 2:33:00 PM
From: SJ - Stephen	Respond to of 7006

Jim, Thanks for the summary,,,,, Looking forward to making RECY a longer hold. and as you stated before on this thread <<Yours truly got confirmation that the second and third Qtrs will be more reflective of bottom line Earnings growth...>> it looks like it is going to be played out that way. SJ Back to lurking

To: James Strauss who wrote (4034)	2/11/1998 2:41:00 PM
From: TheInvestor	Read Replies (2) \| Respond to of 7006

Jim: Thanks for the great information on the conference call. I listened to it and was very impressed with the RECY management team. Now I can connect a voice to your great posts here. I would like to meet you one day face to face. Anyhow, It sure looks and feels like RECY is busting up to the 6s, we are now at 5 7/8 and climbing. Perhaps this is a sequal to the last time we had the STRONG RECY RALLY. The RECY expressing train is now building up steam and accelerating to upper levels, ALL ABOARD FOLKS. Best Regards, TI

To: James Strauss who wrote (4034)	2/11/1998 2:43:00 PM
From: C	Respond to of 7006

Jim, Thanks for the CC update. I especially liked hearing you say: <<RECY Mgmt is determined not to dilute shares in order to carry out its Acquisition Plan.>> Seems like there are some others who feel the same way......good movement with nice volume today. Clamenza

To: James Strauss who wrote (4034)	2/11/1998 2:53:00 PM
From: David Graham	Read Replies (1) \| Respond to of 7006

Jim, Thanks very much for listening in and then reporting back. As usual I was in a meeting for one of my patents at the time of the call and didn't get out until 2:30. Things sound as though they are looking pretty promising for the next couple of qtrs. Price is responding well also. Grammy

To: James Strauss who wrote (4034)	2/11/1998 4:37:00 PM
From: Bankceo	Read Replies (2) \| Respond to of 7006

Jim: I also listened in on the conference call. Up until today, I was bearish on RECY and didnt like their debt structure. Well, after todays conference call, I am convinced that these guys are for real. They achieved break-even excluding refinancing charges; and adjusted for their acquisitions, the earned $3.0MM last year, and $30.3MM EBITD. They said that they are looking at $1.2 BILLION; yes Billion in acquisitions and should be able to close 80% of them. They don't have the capital to close them yet; but have access in the financial markets. They indicated that they can improve margins by 2%, which on $250MM revenue base is $5MM just on the recent batch of acquisitions. These guys are looking to be BIG; reminds me very much of Republic Industries. Which means, because of all of the debt, this stock will be roller-coaster ride. I wouldnt be surprised over the next 18-24 months that this stock could hit 40; then go back to 10. Regardless, this is a great entry point. Former BEAR is now RAGING BULL.