Alloy Steel Inc. (fka AYSI)

[DaveinHackensack]

Why wouldn't Alloy Steel survive?

It has remained in the black during two of the worst quarters the global economy has seen since WWII, and its major capital expense (the second mill) is in the rear view mirror. If revenues decline further from here in the near-term, AYSI can shed employees and lower costs to remain profitable as a smaller company, but that doesn't seem to be the tack AYSI has taken. Instead, they have been aggressively going after new orders, which -- according to the 10-Q -- they expect to see hit within the next 3-6 months.