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Strategies & Market Trends : Value Investing
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To: Kapusta Kid who wrote (11913)1/22/2001 7:34:33 PM
From: Kapusta Kid  Read Replies (5) of 78497
 
Has anyone looked at lumber or forestry companies?

A line from a recent Herb Greenberg piece on TSC:

"Most mills in the South are shut down until the market recovers. In some cases the logs cost more than the lumber is worth after it is manufactured. There are going to be a lot of bankruptcies. ... There appears to be little relief in sight."

I made a timely entry into the energy stocks a couple of years back when energy was getting the same kind of press and we were having gasoline wars at under 50 cents a gallon. Has anyone explored any companies in this sector?
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