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Non-Tech : Asia Pulp & Paper Company (NYSE:PAP)

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To: Paul Getman who wrote (16)8/11/1998 1:16:00 PM
From: Milk  Read Replies (1) of 63
 
Yes, PAP was mentioned on Reuters today:

Although Asia Pulp & Paper Co. Ltd. (PAP - news) and other Asian ADRs were among the leading percentage losers on the New York Stock Exchange, volume was thin.

''In the Asia context, the markets have been dominated by hedge-fund business, futures-related business,'' said Patrick Allen, who handles Asian sales for SocGen-Crosby. ''Some long-term players are buying.''


biz.yahoo.com

And yes, I think this is a great buying opp.

Regards,

Milk
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