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


To: wpckr who wrote (5861)9/25/1998 10:54:00 AM
From: DJB  Respond to of 7006
 
Sorry to say it but I bailed out today too. Will watch for a reentry point but must wait my 30 days to make my loss official. Let's hope it comes back after that!!! Good luck to all the longs!!!

Dennis



To: wpckr who wrote (5861)9/25/1998 12:16:00 PM
From: ed doell  Respond to of 7006
 
If you want a clue as to the possibilities as to how this might go, take a look at another JS thread, SEEQ

Subject 501

I warned the RECY thread quite some time ago, when the asian thing was just beginning, that the fundamental picture would change and that a company based on acquisition strategy and acquisition momentum would be vulnerable to such large fundamental shifts.

I think I was right that the last "rally" was short covering, and that other shorters then shorted that "rally."

Good luck. My best guess is that this stock will crater to the level of SEEQ. If that happens, I feel the verdict on JS is clearly in.

Just my humble opinion,

Ed