Avenor (avr-tse) - Repap buyout (rpp-tse) Message Board

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Gold/Mining/Energy : Avenor (avr-tse) - Repap buyout (rpp-tse)

AVR 4.090

-2.9%

3:40 PM EST

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To: John Bull who wrote (83)	2/21/1997 11:31:00 AM
From: Phoenix	of 290

If you are for short-term, don't buy Repap because it is hard to tell which way it will go. If you are for long-term, you may consider to buy it at this level but you need to take the risk that Repap can improve itself in the coming months (assume there is no takeover). I bet on Repap because most articles I read stated the industry should improve. Repap is mainly in coated paper which has a higher profit margin than other companies. Besides, Repap should have enough cash flow for this year. If these two things really happen, I don't think Repap will get worst.

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