FPL:TSE (FPI Fisheries Products International) Message Board

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Gold/Mining/Energy : FPL:TSE (FPI Fisheries Products International)

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To: jim who wrote (4)	12/6/1999 2:48:00 AM
From: Ellie	of 5

Jim, may be response to information published in 'New Brunswick Business', Nov/99 published by the Telegraph Journal under 'Stocks of the Century'. Panelist Irwin Michael of I.A. Michael Investment Counsel put a 1 year target of $10-11 as one of his picks.'trading at about 60 per cent of book value and has a price-to-cash ratio of four.'mostof FPI's $700- million in sales are to America, so it benefits from a weak Canadian dollar.'debt is less than 25 per cent of capital structure, and the company just issued its first dividend in 1 years' Dividend alone will attract some investors.IMO. No links to Telegraph Journal as they are not online at this time for some unknown reason.

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