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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (2931)	1/4/1998 1:31:00 PM
From: Jyoti sharma	Read Replies (1) of 78653

Paul, I will appreciate your views on another stock which I just purchased around 8 1/4. MERCS is is a pulp and paper manufacturer with operations in Germany and main offices in Switzerland. The company has a BV of $12 ( $4 in cash equivalents), no LT debt and Sales per share of also of $12. This is a turnaround situation and apparently both earnings and sales are moving higher. I have watched this company for almost a year and finally added to my value portfolio. Here is a link to last quarters earnings: biz.yahoo.com Thanks in advance. Jyoti

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