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


To: James Strauss who wrote (6115)11/21/1998 7:02:00 PM
From: ENOTS  Read Replies (1) | Respond to of 7006
 
Jim, gee... seems you can start buying next week....also maybe, just maybe, for .50 cents !!!!! the way it is falling!



To: James Strauss who wrote (6115)11/24/1998 3:08:00 AM
From: Mahatmabenfoo  Read Replies (2) | Respond to of 7006
 
> Eventually scrap prices will start rising...

why? or rather, what if "eventually" is too late?

The NYTimes had an interesting article this past weekend on the possibility of an economy wide deflationary cycle. And even if nothing so dramatic happens, why "must" the Far East recover soon enough to boost prices before RECY is history? I used to own Prins Recycling, which never recovered from falling prices for scrap paper.

I don't *know* anything -- about RECY cash reserves, or its ability to adopt to the new order of things, and I am a RECY holder so I'm on your side. But close to a $1 means close to delisting, and that's not good.