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Strategies & Market Trends : Mercer International (MERCS)

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To: donjuan_demarco who wrote (177)8/28/2000 5:01:43 PM
From: JOHN F. MORGAN  Read Replies (1) of 196
 
Thanks.. Maybe I have been with this one too long and have anticipated too much. I sold mid 20s and bought back about 4. recently bought more.
I see this as having much more potential than IP, Champion, Mead, etc in terms of potential growth simply because of strategic location and stated quality. In fact, I see MERCS as a possible takeover target by a US or Canadian producer in order to maintain a foot hold in the market.
The big factor re stock price is the normal volume and coverage. The float is small and there is a high percentage
closely held plus funds. I worry about moving the price when I buy or sell, thus don't buy nor sell at the market.
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