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Strategies & Market Trends : Mercer International (MERCS) -- Ignore unavailable to you. Want to Upgrade?

To: donjuan_demarco who wrote (183)	9/18/2000 11:41:07 AM
From: donjuan_demarco	Read Replies (1) \| Respond to of 196

I guess the shares I bought weren't as cheap as I thought they were. I can't understand these prices -- unless I am missing something, MERCS will earn, at absolute worse, $1.60 this year. Maybe it is fear of a rescession.

To: donjuan_demarco who wrote (183)	9/26/2000 2:23:36 PM
From: JOHN F. MORGAN	Read Replies (1) \| Respond to of 196

I agree. One never knows if the scheduled shut down or what has shaken people out of this. In any case, having been a chemical engineer, I well know that process modifications are almost always necessary unless an existing design is being duplicated. Even with that, scaling on heat exchangers, for example, can vary greatly depending on the specific soluble contaminants in the process liquor. In my experience, we made process design modifications after the facility had been in operation for years. Since virtually all equipment had spares, we never had to shut down to make said modifications.