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Gold/Mining/Energy : Sino-Forest (TSE: TRE.A) A STOCK FOR THE FUTURE!! -- Ignore unavailable to you. Want to Upgrade?

To: Grant MacMillan who wrote (127)	1/28/1999 2:58:00 PM
From: mick	Respond to of 265

Buy at $ 1.50 ? Don't buy Until $ 0.58 :) I was watching this one fall (couldn't believe it, but some people can't read a news report). I got distracted when it was at $ 1.18 - the ask volume was larger than the bid and I thought I could shave a few pennies off. Well, I had to buy it at $ 1.24 yesterday - slightly more than 2x 1999 earnings. I really thought this one was going to drop down to 1x earnings but you guys just keep wrecking it for me. I was just about to tender my ARP and buy some more and now you chased it up to $ 1.50. Well, I guess I will just have to be patient to get my $ 0.58 shares. Oh wait - thats $ 0.58 US. I only have to let it fall to $ 0.87 Canadian.

To: Grant MacMillan who wrote (127)	1/28/1999 3:13:00 PM
From: mick	Read Replies (1) \| Respond to of 265

Why Pay More ??? Those Wood Gundy clowns think this stock is worth $ 4.50. Its incredible that people would pay so much for a company with positive earnings growth of 50 % in a country with the worlds largest population for such a complex business as cutting tree's into little bits of chips. They can't use that much paper, can they ? Still, you got to wonder. Maybe with these guys flogging it, we could see a price increase. Maybe we could even see $ 1.60 by the end of the year. Just don't get to greedy. Sell if it ever gets past there. Here's the article if you are interested. PS They get typhoons there don't they ? Better sell now in case one comes along. Post says Wood Gundy has $4.50 target price Sino-Forest Corp TRE.A Shares issued 37,100,000 1998-08-17 close $1.4 Tuesday Aug 18 1998 The Financial Post reports in a Hot Stock corporate profile in its Tuesday edition that Sino-Forest is harvesting record earnings amid the growing economic turmoil in Southeast Asia. Reporter Michael Lewis notes that Sino's business includes timber harvesting, plantation maintenance and the processing of wood chips used to make pulp, the key ingredient in paper. CIBC Wood Gundy Securities has a "solid buy" rating on the stock and maintains its 1998 earnings per share estimate of 30 U.S. cents. Wood Gundy has a 12-month target price of $4.50 on the stock, well above the consensus target of $4.09. The shares rose five cents to $1.40 on Monday. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com