Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Braddock Bull who wrote (5217)	6/30/1998 11:18:00 AM
From: James Strauss	Read Replies (5) \| Respond to of 7006

Brad: Agreed... It's a little boring in RECYland... : > The selling generally comes on low volume... RECY continues to do what it does best; Acquire companies... Earnings from the June Qtr will come out in the next 30 to 45 days... I have to believe that there has been Quiet accumulation in the past month or so... I know I've added to my position... I'd rather post nothing than try to just fill bandwidth with nothing of substance... The last two recommendations didn't happen for nothing... 34 Institutions own 18.4% of the stock... Tom Wiens owns about 20% of the stock... There is plenty of room for additional Institutional growth... EPS are expected to grow 450% next year... The stock price has doubled 200% this year... I'll say RECY is worth hanging on to for the Long Term... : > But, for those waiting for RECY to come through, here's a little motivational music... : > laurasmidiheaven.simplenet.com Jim

To: Braddock Bull who wrote (5217)	7/1/1998 1:30:00 PM
From: James Strauss	Read Replies (4) \| Respond to of 7006

A Conversation With RECY... ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Acquisition program on track... Jeffries & Company reiterated Strong Buy... 12.00 Price target in next 12 months... .95 EPS est in year 2000... Hmmm .95 x a P/E of 20 = 19.00 : > New Public Relations firm FRB [Financial Relations Board]... They are aware of stock price, and are working towards increasing investor awareness in the company... **Here's a simple valuation model for RECY... 1. RECY pays about 5 times EBITDA for its Acquisitions... 2. RECY's EBITDA % of Revenues is 11%... 3. 11% of 800 Million Revenue Run Rate this year (Could be a Billion) = 88 Million EBITDA... 4. 88 Million EBITDA / 25 Million shares = 3.52 per share EBITDA... 5. 3.52 x 5 = 17.60 Estimated takeover price per share... Jim