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Gold/Mining/Energy : Avenor (avr-tse) - Repap buyout (rpp-tse)
AVR 4.345-0.8%1:35 PM EST

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To: wesley vandenhazel who wrote ()7/11/1997 7:59:00 PM
From: oki kwon   of 290
 
Is there any news today?
Why the stock price drop so much? By my calculation they will have
more than $30 u.s. mil after payment of $240 c debt due 7-31-97.
And they are negotiating $130 debunture due 8-1-1997.
If they can work out this debenture, rpp will survive as a profitable
co. They also said yesterday that they are not considering protection
from creditors.
Anybody?

okk
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