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Gold/Mining/Energy : Repap (RPAPF)
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To: Dennis Latchum who wrote (200)7/26/1998 9:36:00 PM
From: Wizzer  Read Replies (1) of 485
 
Dennis, my inclination is to agree with you. However, I do believe the "health" of Asia is having a direct effect on many stocks, even those not involved in business with Asia. Repap's problem is not Asia, it is debt.

Repap's problems are much deeper than a reduction of exports of paper products. The problem with Repap is it's debt load. Debt laden countries, like debt laden companies will suffer. With every progressive quarter, it appears as though the Repap is trying to reduce that debt. Nevertheless, I feel Repap will slip in price further.
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