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


To: Sandra who wrote (4152)2/19/1998 7:56:00 AM
From: Brewmeister  Respond to of 7006
 
They just keep going and going and...

A few small players, a couple big ones. We'll soon be there.

Dan



To: Sandra who wrote (4152)2/19/1998 12:46:00 PM
From: James Strauss  Read Replies (1) | Respond to of 7006
 
>>>We have news!
biz.yahoo.com
<<<
**********************************************************************
Sandra:

Thanks for the news release...

We'd better get used to these releases... : >

Jim



To: Sandra who wrote (4152)2/20/1998 2:45:00 AM
From: voyager.ed  Read Replies (1) | Respond to of 7006
 
Sandra,

It is now late Thursday night and I have been reflecting on this second acquisition announcement all evening. I have finally decided the following:

Unless this company derails itself on its next quarterly earning announcement, we should have very good sailing for the foreseeable future. I think the Korea steel thing is not an issue (today) nor is the price of steel. Rather, I think the current lack of buying enthusiasm since earnings, a stellar conference call and 2 subsequent earnings announcement is due to market fluctuations, day type traders, short interest and a myriad of other factors that I am not aware of nor probably understand. I had an e-mail from a local stockbroker friend yesterday that said 2 things - first, buy Dell on the hurry - I didn't but should have and second, he has a good client that buys RECY at 5 3/4 and sells at 6 1/2 regularly. Hence confirming that a lot of volume is due to churning.

Soooo, I have decided that until this company does something negative - which it hasn't done since last July when I started buy in the low 2's - I will but 5000 shares every time it gets under 6. At least I will do this until I run out of money or the stock hits 8+. While I don't want to be a cheerleader, these RECY guys have and continue executing as they said, and I think they will soon attract some big hitter buyer if they continue to perform.

Consider me disgusted but not discouraged.

regards,

Ed

P.S. It helps when your biggest holding, TFS is up $ 4-5 in the last month and I'm making money but not understanding that either.