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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: epicure who wrote (21808)	7/29/2005 12:06:24 PM
From: tsigprofit	Read Replies (1) \| Respond to of 78659

IP - don't really follow that one - but quick charts I use show contradictory indicators. One positive, one negative, for the intermediate term. Longer-term this actually looks pretty good to me, on the charts. It's down from 43 to 31 - so that's good in my book as a possible value. I would think it has a fair chance of going back to the 45-50 range - but it might take 1-3 years. 3% dividend though is good too. So looks decent to me for a 1-3 year investment. Found this too on it: Sales Rise at International Paper By TSC Staff 7/26/2005 8:52 AM EDT International Paper (IP:NYSE - commentary - research), which is in the midst of considering a massive operational restructuring, said second-quarter sales rose from a year ago, and the company's adjusted profit surpassed Wall Street's estimates. The Stamford, Conn., forest products concern reported second-quarter earnings of $77 million, or 16 cents a share, compared with $193 million, or 40 cents a share, last year. The 2004 second quarter included 27 cents a share of earnings from discontinued operations. Earnings from continuing operations totaled 13 cents in the prior-year second quarter. Earnings from continuing operations and before special items in the quarter fell to $150 million, or 31 cents a share, from $159 million, or 33 cents a share last year. Quarterly net sales rose to $6.5 billion from $6.2 billion a year ago. Analysts polled by Thomson First Call were, on average, looking for a profit of 27 cents a share and sales of $6.5 billion for the quarter. "We anticipated some modest improvement in the second quarter following our strongest first quarter in years," Chairman and Chief Executive John Faraci said in a press release. "However, while pricing was up slightly from the first quarter, sales volumes in our printing papers and industrial packaging businesses were lower than we expected." For the third quarter, the company said demand looks mixed and overall pricing appears flat. "Our raw material costs remain at high levels and continue to impact our profit margins," the company said.

To: epicure who wrote (21808)	7/30/2005 6:19:19 PM
From: E_K_S	Read Replies (1) \| Respond to of 78659

This article came out Friday on International Paper. It looks like there is a company interested in a portion of their timber assets. I picked the wrong company as I started a small position in GP but I guess my thinking was right. Canfor eyes International Paper's US lumber assets Fri Jul 29, 2005 5:01 PM ET (http://today.reuters.com/investing/financeArticle.aspx?type=mergersNews&storyID=2005-07-29T210149Z_01_N29457775_RTRIDST_0_TIMBER-CANFOR-IP.XML) From the article:"... VANCOUVER, British Columbia, July 29 (Reuters) - Canadian forestry giant Canfor Corp (CFP.TO: Quote, Profile, Research) will look at any lumber operations that International Paper Co. (IP.N: Quote, Profile, Research) decides to sell in the United States, Canfor's chief executive said on Friday...." EKS