Smurfit Stone Container Corporation (SSCC) Message Board

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Gold/Mining/Energy : Smurfit Stone Container Corporation (SSCC)

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To: Michael Stavy who wrote ()	11/25/1998 7:59:00 AM
From: MonteChristo	Read Replies (1) of 17

Well the market liked the news yesterday that they are cutting their workforce by 10% and mothballing 1.1M tons of paper. My guess is that the Circleville and Alton medium mills will be part of that restructuring. Not sure what else. Probably 10-15 box plants in duplicating regions such as Chicago, LA and Florida. I looked it up yesterday and was surprised to find 5 strong buy and 4 moderate buy ratings on this stock. Liner keeps going down, yet they evidently believe they can turn it around. So the question for me is do I sell now, take the money and run or plow more in hoping that actual closer announcements and plans pump this thing up a little more. Maybe the IP/UCC merger will do something more for these stocks also. Any thoughts?

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