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


To: John S. Baker who wrote (52)4/27/1998 10:35:00 PM
From: Franklin M. Humphreys  Read Replies (1) | Respond to of 101
 
>>>Merger with NWSW called off<<<

First reaction may be that this is bad news. However, considering the unfavorable posts by NWSW employees on numerous threads since the merger/buyout original announcement, this could well be a blessing in disguise. With more and more focus on the steels and other cyclicals as a place to park your money, I view BYX as a potential double (from here) over the next 12 months, notwithstanding that it is already up 100% from where it languished for so long.

No FA nor TA in this post,
Frank



To: John S. Baker who wrote (52)9/4/1998 10:04:00 PM
From: John S. Baker  Read Replies (1) | Respond to of 101
 
FWIW, BYX is showing some signs of tip-toeing up to a buying signal, technical-wise. I am watching for a re-entry point.

JSb.