Replies to post #2794 on Alloy Steel Inc. (fka AYSI)

[DaveinHackensack]

Good questions, Gilead. If anyone has others, let me know, and I'll consolidate them into one e-mail to the company and then post the answers here. Might be easier to get a response from one e-mail than from a bunch of different e-mails asking the same questions.

[KlausVT]

gilead23 -

with respect to question 1 I would think the Q has some hints based on the short excerpt here:

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Due to the continuing demand for Arcoplate, we have decided to postpone the development of the 3-D Pipefitting Cladder process,

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Continued demand, I think, is the key here. Inventory build up without pending orders does NOT go together with this statement...

IMHO

Cheers

[DaveinHackensack]

Re-thinking this, and looking again at the 10Q, I think AYSI essentially answered question #5 with this,

"Factors contributing to the increased [SG&A] expenditure for both the three month and nine month periods ended June 30, 2008, were increased travel expenditure to assist marketing and increased labor costs for sales and administrative employees."

I'm going to drill down and ask if the company went ahead and hired that new salesman they were recruiting for in Western Canada.

KlausVT makes a good point about question #1, but I am going to ask that question anyway, just for clarification.

If anyone has any other questions they want me to ask, let me know within the next half hour or so. Thanks.