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[QUOTE]Originally posted by cashmakers: [QB] Comment on SCHN. Although NUE announce the lower end of its earning prediction for 2Q, SCHN is not a steel producer and it should not be compared directly with NUE. Second, If you look at their June 5 report, you can predict the Schnitzer's sales are about double the reported values, moreover if you include their share of the joint venture which accounts for a significant share of profits to SCHN. http://library.corporate-ir.net/library/87/870/87090/items/155021/060905presentation.pdf Base on SCHN's potential future scrap demand, and SCHN's auto parts business, the 3Q for SCHN should be good. I analyse and predict the earning correctly consecutively for GMTN 10Q, LAZ 1Q, NGPS 2Q, KOMG 1Q this year. [/QB][/QUOTE]
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