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

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To: TBF who wrote (58)4/15/1999 1:34:00 PM
From: reid brandon  Read Replies (1) of 63
 
I discount much of the BS on Yahoo msg boards as pure babble, SI is the place to be. I had heard of a takeover possibility but never gave the fact that it is a foreign entity much consideration. Isn't it usually the foreign companies buying a US co., not the other way around? I own Indah Kiat paper (ie bonds),they are the parent of PAP, so I have vested interest in what happens either way. Have been in and out of PAP stocks, its fun to own a cyclical, about the only predictable thing one can do in the market.
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