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

To: voyager.ed who wrote (4134)	2/18/1998 6:25:00 AM
From: SJ - Stephen	Read Replies (4) \| Respond to of 7006

Ed, <<I was surprised by the announcement, and surprised by the ho-hum response it received.>> The release was a letter of intent.. and now I wait for the news release stating the deal is closed. In the case of RECY, who is following through on their plans I think we will someday see such a news release. During the conferene call I recall it was stated that they were currently working on 20 to 25 such deals and plan to close 80 percent of them. (Someone please correct me if I am wrong) xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx << I hope we're not waiting for next quarter earnings. I thought we would have reached 7 after the last earnings, but no follow thru.>> I am doing exactly that. I look to second qtr.. I am also looking down the road on this one to the 3rd qtr. and beyond. First I look forward to seeing these acquisitions start to hit the financials. Then I hope to see economies of scale where as in the conference call they talked about cost savings. xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx <<Everything I own but RECY and ORCL did well today, maybe a clean sweep tomorrow.>> Yes, and if you dig I am sure you will find days that RECY was a "Green Arrow" (UP) while many others were "Red Arrows" (Down). xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Last: And although news is good, I am sure that you have seen stocks start to tank on good news and rise on bad. Go figure. SJ