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

To: Warthog who wrote (1831)	3/17/1998 6:21:00 PM
From: Sergio H	Read Replies (2) \| Respond to of 29382

Today's filing from RECY was explained in the recent news release: ENGLEWOOD, Colo., March 10 /PRNewswire/ -- Recycling Industries, Inc., (Nasdaq: RECY - news) a leading consolidator in the metals recycling industry, today announced that is offering to exchange each of its outstanding Series G and Series J Common Stock Purchase Warrants (the ''Warrants'') for .2517291 shares of its Common Stock, $.001 par value (the ''Exchange Offer''). The Exchange Offer is being made for all outstanding Warrants and will expire on April 8, 1998, unless extended. The Exchange Offer is designed to reduce the overhang to the market for the Company's common stock. biz.yahoo.com RECY ended up having a nice trading session, joined by PURW and APCO once again. PURW held over 10 and we may be going higher. The fundamentals are very solid on this stock. Anyone familiar with Kava? I phoned a few health food stores today and they told me the stuff is hot!!!! APCO will soon be making an announcement about its Easy Care product line. Regardless of when the pullback comes, the Amigos will continue to hold APCO until the fundamentals change. DHI and CON merger received final ok from SEC. The merger becomes effective April 20th subsequent to shareholders meeting for both companies. DHI hit another high today before some profit taking hit the stock. We're still looking for the stock to hit $30 before, or right around the merger date. TOTL, our short term trade hit a new 52 week high on 3 times normal volume. Suprised that no one on the thread has joined the Amigos on this trade. Myron, did you? The rest of the portfolio with the exception of ESV, was quiet today. ESV continues to suffer the oil price doldrums. We're sure that this sector will turn around in a month or two and we're keeping ESV in our portfolio for balance and diversity. We would like all of our stocks to go up, but.... The Amigo Portfolio: angelfire.com APCO is keeping me in third place in the Zstock contest: users.abilene.com I have no news on Cary's operation. Hope that everyone has their fingers crossed for no complications and a quick recovery. Sergio