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Microcap & Penny Stocks : BYX- Bayou Steel -- Ignore unavailable to you. Want to Upgrade?


To: Andrew F who wrote (87)2/15/1999 3:46:00 PM
From: Herc  Read Replies (1) | Respond to of 101
 
This one has been dead in the water despite a P/E of 2. If I were the COO, I couldn't face myself in the mirror. I don't know why management isn't doing anything to improve the value. It could be due to the fact that the CEO owns 60+% of the voting shares.

I wonder if the threats of steel tariffs will boost the shares? I'm tired of waiting.

Also the company has 200 million in tax loss carryovers to add to earnings.

I think a special dividend is in order.