Posted on 05/09/03
Is steel a bargain?; carry on carrying forward
Dear DoctorStelco and Algoma Steel have been down nearly $1 a share recently, but they've bounced back before. Should I buy?-Buck, Concord, Ont.Dear BuckIs there a difference between a basket case and an "undervalued turnaround situation with a higher risk profile?" The answer: Yes.
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