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


To: Bernard who wrote (6095)11/16/1998 8:25:00 AM
From: Brewmeister  Read Replies (1) | Respond to of 7006
 
I read the other day that the government was taking action against some foreign stainless steel makers. I t was a single product category, but perhaps the first action against dumping. Sorry, don't remember where I read it.
Dan



To: Bernard who wrote (6095)11/16/1998 9:58:00 AM
From: James Strauss  Read Replies (1) | Respond to of 7006
 
Bernard:

It would be great if RECY would surprise to the upside... But, With continued downward pressure on scrap prices and the Japanese in an uncooperative mood, it's more likely that the Qtr ended 9/30/98 was a down Qtr, and the current Qtr ending 12/30/98 will also be down... After that scrap prices should see a recovery, and hopefully so will RECY's Earnings and stock price...

Jim