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


To: Mahatmabenfoo who wrote (6752)5/20/1999 7:43:00 AM
From: ENOTS  Respond to of 7006
 
RECY is a shrinking image in my rearview mirror! I will be amazed if anything positive comes from the re-org....just being realistic, and altho I still have a glimmer of hope, I am trading some other stocks to recoup losses from recy, what a pleasant chore to do,(pay taxes) on gains from recy should it do a turnaround...haha I am not losing sleep over this possibility! well keep the fires banked, and lets wait for our fate to be announced........should be sometime this year! maybe!!!!



To: Mahatmabenfoo who wrote (6752)5/20/1999 11:28:00 AM
From: James Strauss  Respond to of 7006
 
Charles and All:

A little bit of info from RECY...

Out of 19 company operations, about 9 are in some form of consolidation and or selloff... This means that about 10 company operations are conducting business as usual... Each company operation has one or more facilities...

This tells me that RECY is building a core number of facilities to begin its rebuilding process as it gets rid of the less profitable company operations and builds some cash and reduces some debt... This is only my interpretation of what is happening... We should know more in the coming months...

Jim