RE: Earnings out May 8Forget Abitibi as you see it now. Forget about the crappy earnings or you'll want to kill yourself. The one thing Abitibi has going for it is liquidity. It will come in handy as many companies and mills go bankrupt in the next 2 years.
Many companies are just barely staving off bankruptcy right now, but won't be able to continue with the dollar and energy costs. Abitibi, while bleeding, will survive.