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: Siber who wrote (5932)	10/2/1998 2:10:00 PM
From: James Strauss	Read Replies (2) \| Respond to of 7006

hbohlig: RECY just made a 3 million dollar interest and principal payment... Not something a company that is about to default does... RECY has now consolidated all their payroll and accounts payable procedures... RECY has also more favorably renegotiated some of their Acquisition deals... RECY is now selling at less than 1/2 book value... There is a rumor about a large waste company that's looking for a synergistic Acquisition... Republic comes to mind... RECY has just initiated a 401k program for its employees... To have shares available RECY will be setting aside one million shares for their employees... This plus the remaining 500,000 to 600,000 shares still to be bought back should reduce the number of shares outstanding... Certainly not the actions of a company about to go out of business... I bought more below 1.50... Jim