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: MJB8743 who wrote (5972)	10/7/1998 10:35:00 PM
From: Siber	Read Replies (1) \| Respond to of 7006

Just to make things clear, my husband John has been watching this stock and posting on the thread. We each have our own portfolios, we do not influence one another on our stock decisions. I bought RECY more than a year ago and watched it like a hawk. It went up and I had a considerable profit and luckily I saw the writing on the wall. Too many acquisitions, loans, interest payments...I knew the management was getting ahead of itself. Too much debt was mounting. Trying to get into the "big leagues" too fast. I took this as a sell signal. I was lucky. Not known to me, it turned out that I got out at the high and have watched it dwindle down to what is now a penny stock. I hope the company has a turnaround for those of you who watched it fall and are still in. Just sharing my thoughts. Regards, Helene

To: MJB8743 who wrote (5972)	10/7/1998 10:41:00 PM
From: James Strauss	Respond to of 7006

Mickie: It has been a tough time for all of us... I'm hoping we've seen the worst... Questions remain about the search for a new Accounting firm, current Acquisition candidates, and ability to continue executing their growth strategy... These are probably already factored in to the current price... Any good news should be beneficial to the stock price... With all that has happened RECY is approaching 700 million in revenues with a stock price at about 1.00... Last year when RECY was about 1.00, revenues were closer to 100 million... This gives RECY a very low Price/Sales ratio... They are stronger today then they were last year... Jim