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

To: 91fxrs who wrote (4219)	3/1/1998 4:56:00 PM
From: James Strauss	Read Replies (2) \| Respond to of 7006

Paying For Acquisitions... >>>I know in the past we have heard Mgmt's thoughts on issuing more shares to pay for additional acquisitions when the price of the stock is in the 20's. Any reason to think additional shares might be introduced sooner in the event that metal recycling stocks stay at these current prices? Would there be any benefit to issuing the shares at this time?<<< ********************************************************************** 91: At this time I don't see any benefit to exclusively use shares to Acquire companies unless RECY was able to make an exchange for pennies on the dollar... Currently, the only stock that is used are from Convertible Pfds... RECY Mgmt has a selfish reason for not wanting to dilute the shares... They are also shareholders... Jim