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Gold/Mining/Energy : SASKATCHEWAN WHEAT POOL ( SWP.B - TSE )
SWP 28.15-0.3%Nov 3 3:34 PM EST

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To: Marcman who wrote (6)9/9/1997 2:13:00 AM
From: Glen McGlaughlin   of 47
 
Marcman and other SWP followers: Midland Walwyn to-day revised their
target on SWP from $19 t0 $22. If SWP breaks thru its previous high of
$21.80 (est last Jan ) then I see a possible high of $25 by April/98.The fourth qtr for fiscal 97 will be reported on Sept 23- I see a 25% increase over last year due to very strong grain handlings in the last 4mths of the 96/97 crop year ending july 31. The next 6 mths of 97/98 crop year will also show a significant improvement over last year,once again due to an early harvest, a high quality crop and strenthening export demand for wheat in particuliar ( EL NINO EFFECT?)

SWP at $18 is still excellant value!!

Glen McGlaughlin
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