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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (701)	2/16/1998 2:20:00 PM
From: Magnatizer	Read Replies (1) \| Respond to of 29382

Amigos I would like to take a position in RECY but I have one consideration which is holding me back. What affect would dumping of steel by Korean manufacturers have on RECY gross margin? I am worried about any investment in commodity based businesses because of price wars, over supply, and other factors which are out of the companies control. Thanks David

To: Sergio H who wrote (701)	2/16/1998 4:10:00 PM
From: lostmymoney	Respond to of 29382

sergio, I am positive about OLGC, just waiting for a lower entry point. As I said in a prior post, the next couple earnings are going to show alot, as street looking for a "show me" attitude. I will check out NRL. I do not think people realize the extent of Nascar yet. Kids and adults alike collect nascar toys. They really do not care what they pay for them. I have been to several friends house, and they have a whole room full of every car, Truck, Semi, shot glasses, flags, pillows, lighters, t-shirts, sweat-shirts, pads to sit on, clocks, watches, rings, plates, and on and on. Kinda like seeing a long line at Wal-mart, a good gut hint. Also, it is a family sport, with family values, no show boatin really. That means alot to me, and I think to others as well. RACN and ACTN, have the market pretty well. Mike