RE: Repap.com rumor looks good!Nice to here from you again Friction. Maybe its worthy of repeating that whatever is happening with Repap(and I strongly believe there is something about to occur),you are not going to be told about it in advance due to insider trading rules. If AOL and Time can keep their merger secret, I'm sure a small in comparison deal involving Repap can be kept secret. As far as I know there has as yet been no explanation to the secret trips to New York by the top management.
The Mead story came out of a meeting which I cannot add to now.
The production,quality and price are very good right now and I believe with all the other mergers it won"t be long before Repap is picked up. Yes the debt is high,but so is the potential profitability of this operation.
The stock price is perhaps rightly beaten down, but a market cap of less 100million for a company which grosses almost 800million per year with stated assets of 1.1billion,is quite low. Believe it could reach 40-50cents with takeover.
Potential companies include Mead,UPM,Stora,Sappi,Enron,Irving and Enron. The .com rumour is still out there. But shake your head Friction -you old naysayer fart- by the way(not "byt the way"), if you think you will hear it first from your buddy bosses.