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Gold/Mining/Energy : TEMBEC ALERT - TBC.A

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To: Charles T who wrote ()11/19/1998 4:14:00 PM
From: Joe Veres  Read Replies (1) of 4
 
Charles,

Not so sure about the possibility of a takeover any time soon, although anything is possible. As for the most recent results, I agree that they are excellent. They beat every analyst's guess by more than a few cents. They have been working hard to reduce debt and transform their existing operations into profitable ventures. So far..so good.
I have held them for about 6 months now and expect that when the cycle turns and resource stocks are back in the flow, Tembec will be a big time winner. Any time a company can post strong healthy numbers in a depressed sector, investors can't help but notice.
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