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

To: elcasmirb who wrote (334)	1/13/1999 10:07:00 PM
From: pthomaso	Read Replies (1) \| Respond to of 485

Hope may breed eternal, but I'll be surprised on that one. It would be nice, though, to see cost reductions sufficient to produce some black on the bottom line. Problem is, we've had false hopes all too often. Thanks for the report. If anyone else has something to add on the conditions in the company or in the trade lets hear it.

To: elcasmirb who wrote (334)	1/14/1999 3:52:00 PM
From: wayne	Read Replies (1) \| Respond to of 485

Because I work in the pulp and paper industry I am kind of surprised at this 100 dollar per ton downturn in coated paper.Prices are down slightly but no where near that. In any case Repap hedged their sales forward last year so I would expect price fluctuations to have little effect on the bottom line. The biggest problem lately is Geo. Petty throwing a wrench in the works with a threatened lawsuit. Too bad when you consider he ruined this company in the first place and got paid a fortune to do it. Wayne