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Gold/Mining/Energy : Repap (RPAPF)

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To: jack BROSS who wrote (208)7/28/1998 8:52:00 AM
From: Dennis Latchum  Read Replies (1) of 485
 
The most this company could possibly do in terms of debt reduction is to get rid of somewhere around 100 million/year. But that is REALLY stretching it. The economy is slowing down and that will hurt cash flow. There are no magic bullets. This stock is for the longer term investor and I think it will survive. All the outstanding shares and, as was pointed out a few posts ago, the HUGH amount of debt is what is keeping the investors away. I think the price will continue to wither.

Scratch
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