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Gold/Mining/Energy : Repap (RPAPF) -- Ignore unavailable to you. Want to Upgrade?

To: pthomaso who wrote (323)	1/9/1999 11:41:00 AM
From: philip trigiani	Read Replies (1) \| Respond to of 485

The key is to watch TD. If they start accumulating while pushing the price up slowly, then last years hype machine will push it up further. I see new lows before this thing ever goes to .20 again.

To: pthomaso who wrote (323)	1/20/1999 10:11:00 PM
From: Brian Wilson	Read Replies (1) \| Respond to of 485

Repap is a very viable co. with a strong order sheet and excellent product. It suffers from two things: Too much debt and (2) cheap competition from Asian manufacturers who can't find enough of a market in their own back yard. Debt will not eliminate or reduce viability because the lenders will restructure rather than liquidate. As well, almost an entire New Brunswick town depends on the company so the province will stand behind the company. The Asian crisis will pass (I give it 2 years) and prices will firm up. Hang in.