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


To: donjuan_demarco who wrote (192)1/10/2001 1:27:13 PM
From: JOHN F. MORGAN  Read Replies (1) | Respond to of 196
 
I have asked cold call brokers about MERCS and they all reply that it is a money loser. None are aware that it has turned profitable because it is not followed.
My opinion is that it will draw more attention when something like $.75 replaces the -$1.70 for the December quarter of 1999. This should be reported mid February. This will give a TTM EPS of about + $1.83. Then suddenly it should draw some attention. In May the TTM EPS should bounce to about $2.60 with more gradual improvement as the other startup quarters are replaced. These numbers are mine based on elimination of process bottle necks and inefficiencies.