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


To: Magnatizer who wrote (759)2/17/1998 10:25:00 AM
From: rebecca  Read Replies (1) | Respond to of 29382
 
APM up 11/16th, over 700,000 shares traded. any thoughts
rebecca



To: Magnatizer who wrote (759)2/17/1998 10:33:00 AM
From: James Strauss  Read Replies (2) | Respond to of 29382
 
Effect Of Acquisitions... RECY...

>>>Do acquisitions generally lower RECY price in the near term? I want to enter but I would like to get in around 6 1/4 or better.<<<
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David:

Acquisitions are generally depressive on the Acquiring company if a material amount of stock is used in the deal... This tends to be dilutive... In RECY's situation, they primarily use financing and other debt in their Acquisitions... As such, RECY stock price has risen during it's Acquisition deals over the past year...

If there is any dip in stock price because of an Acquisition, I would expect it to be brief... Investors are looking forward to the increased Revenues and Earnings these Acquisitions will bring to RECY...

Jim



To: Magnatizer who wrote (759)2/17/1998 10:40:00 AM
From: Cary C  Respond to of 29382
 
David I agree with what Jim said about acquisitions and RECY's stock price. If your trading position for this stock was going to be long term then I personally would not be to concerned about 1/4 of point or a possible short term pull back. If you are looking for short term its a hard call. If you miss it there will always be others .

Cary