Avenor (avr-tse) - Repap buyout (rpp-tse) Message Board

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Gold/Mining/Energy : Avenor (avr-tse) - Repap buyout (rpp-tse)

AVR 4.210

-2.3%

Nov 5 3:59 PM EST

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To: eyewatch who wrote (161)	5/20/1997 9:32:00 AM
From: Dennis Latchum	of 290

The mill is in New Brunswick. By the way they are not slacking off on production, perhaps a small increase over last year. It will be an increase in paper prices that will get earnings on the positive side. I know someone who has visited the mill recently. He was impressed with the general condition of the production plant. Equipment well maintained and running smoothly. IMHO this is the market bottom. How long before an uptick? Again I think it will take another paper price increase to get the whole industry moving (but) Crown Vantage had a nice increase yesterday.

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