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Microcap & Penny Stocks : BYX- Bayou Steel -- Ignore unavailable to you. Want to Upgrade?

To: John S. Baker who wrote (50)	4/10/1998 6:51:00 PM
From: John S. Baker	Read Replies (1) \| Respond to of 101

In the FWIW category ... one of my investment tools is VectorVest. This is a mechanical system which facilitates tracking the strengths and weaknesses of specific stocks and of the entire industries within which they fall. With a subscription to VectorVest, one can actually call up a graph of the share price, relative value, timing, and recommended stop points for a composite representing all the different stocks within an entire industry as well as for individual stocks. BYX is classed in the Basic Steel category, which has been in a decline (according to VectorVest's proprietary system) since March 24th. This does not appear to have afflicted BYX yet, but it may bear some watching. (I am long a small position in BYX for several months now, but am alert to any clues that might hint that the party is over ... or coming soon. As a short term ... "momentum" ... trader, I am not prophesying doom by any stretch of the imagination; I am just very, very cautious.)