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

To: James Strauss who wrote (6170)	12/15/1998 11:41:00 AM
From: jsavage	Respond to of 7006

I expect you're right. Maybe I'll average down if the opportunity presents itself. jas

To: James Strauss who wrote (6170)	12/15/1998 3:12:00 PM
From: Mahatmabenfoo	Read Replies (1) \| Respond to of 7006

> RECY is in a low risk area now... Why? There is no end in sight to the Asian crisis -- in fact, Japan continues to get worse, despite all hopes. The US recession seems postponed for now, but won't one come eventually? I too would like to see a "buying opportunity" but it's only an opportunity if the market really turns around for scrap before RECY goes under, or is bought. I don't see a turn around, and I don't know (and no one here seems to know) how long RECY's cash and credit and alternate sources of revenue will allow it to weather a storm. - Charles