Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Value Holdings (VALH) -- Ignore unavailable to you. Want to Upgrade?

To: Jorjenzak who wrote (334)	7/21/1999 10:37:00 AM
From: Bidder	Respond to of 1152

Check this out: Talk : Canadian : "FOREST PRODUCTS & BUILDING SUPPLIES" - HOT SECTOR 'Wonderwood': Earnings, not takeover prospects, seen as key Wednesday, July 21, 1999 Ainsworth builds on strength Drew Hasselback National Post VANCOUVER - Charles Widman, a veteran forest industry consultant in Vancouver, calls oriented strandboard the "wonderwood." OSB panel boards are not only cheaper to make than plywood, they can also be made out of tree species foresters used to consider useless. The building material has simply revolutionized the building materials business. Now, many investors have started gambling on the popularity of OSB resulting in some consolidation among producers. Ainsworth Lumber Co. Ltd., which has developed a strong OSB business, has seen its share price climb dramatically in recent weeks as investors bet the Vancouver-based company could be a target for a takeover. Ainsworth (ANS/TSE) hit a 52-week high of $12.85 on July 15. The stock has fallen back a bit. It closed yesterday at $10, a gain of 50¢. Still, that's a long way from the 52-week low of $2.35 it set on Oct. 8. Reid Carter, a forest analyst with First Marathon Securities Ltd. in Vancouver, has a "buy" recommendation on the stock, though he doesn't have a target price. The analyst's recommendation is based on the company's strong earnings performance, and not on the company's takeover prospects. He expects Ainsworth to announce second-quarter earnings between $1.10 and $1.30 a share, a big jump from last year's loss of 36¢.