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


To: Dave Baker who wrote (2335)3/30/1998 12:03:00 AM
From: Amigo Mike  Respond to of 29382
 
Dave,

The Amigos agree to an extent. They obviously need cash and more stock to finance some of the expected acquisitions. However, RECY didn't really tell us shareholders that they would be doing it this way. Rather, we believed they had some support from other sources.

The issuance does have some benefit ..... but to current shareholders .... it hurts ..... unless of course they come up with some sweetheart deals real soon that justify the issuance.

Amigo Mike