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


To: agent99 who wrote (5104)5/29/1998 3:30:00 PM
From: James Strauss  Read Replies (1) | Respond to of 7006
 
99:

The markets are very receptive to RECY... RECY decided to cancel the Debt deal because the Corporate Bond rates spiked up... When those rates come down RECY will swap 10% Corporate Bond interest for short term 13% financing... In the meantime RECY continues to execute its growth strategy without missing a beat... The sooner they close these deals, using the 50 million, the sooner these new companies start contributing to RECY's bottom line...

Jim