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Gold/Mining/Energy : International Paper (IP) -- Ignore unavailable to you. Want to Upgrade?


To: chartseer who wrote (21)1/27/1999 7:12:00 PM
From: Chip Anderson  Read Replies (1) | Respond to of 29
 
Bleech! Down almost 5% today and now testing the 52-week low. Getting hard to keep this faith on this Dow Dog.

What's their Y2K exposure? Anyone heard?

Thanks in advance,
Chip
coolhistory.com



To: chartseer who wrote (21)2/2/1999 2:01:00 PM
From: The Other Analyst  Read Replies (2) | Respond to of 29
 
The divergence is because the two companies are becoming dissimilar. IP is hell-bent on staying the biggest paper company in the world. It has bought Union Camp (pending), Federal Paper Board, a majority of Carter Holt Harvey in Australia, among many others. Meanwhile, Weyerhaeuser has been largely shedding assets, and frankly doing a better job than IP for its longer-term shareholders. WY wants to be the best, IP wants to be the bigest.