PCL: Plum Creek Timber Co. Inc Message Board

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Strategies & Market Trends : PCL: Plum Creek Timber Co. Inc

PCL 36.54

0.0%

Feb 29 3:00 PM EDT

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To: Jack Banana who wrote (11)	2/25/2002 1:23:41 PM
From: Morris Catt	Read Replies (1) of 15

Jack, Not much other than as I indicated I think the figures are highly distorted by the S&P 500 inclusion and likely some from the merger also. With price near high IMO the large short size could continue until it's clear economy is truly on the mend. PCL chart looking good and looks to me that a new 52 week high is likely. PCL has been one of my holdings since 1990 and it seems to me it has always been pretty much ignored by the street. IMO it appears that the REIT structure and their business is too confusing to many. Nice deal to me since they regrow assets 5-8% a year while continuing to harvest trees. Any comments? Mac

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