Forum Archive Index - October 2000

["Greg McDonald" <gregmcd@world-net.co.nz>]

I have held ffs for the last year and have seen (and lived through!!!) the great volitility that has been happening.

 

The last three market days have I believe delivered everyone a great opportunity to get more of (or start to gather) ffs shares.A price like today's close wont be here for long!!!!

 

I have confidence that regardless of whether a sale is imminent (I bloody hope there is one!!!!) that the near future for ffs is very bright-Our dollar,slowly rising wood prices,ffs diversification into more finished products,and Asia's slowly recovering demand/economies.

 

Lastly I believe that $1.10-$1.20 a share is way to cheap!!!(I know it sounds good right now!) It has been at that level within the last two years!!!.I remember during the peak of the wood/paper cycle (as commodities do) that ffs was trading around $2.00-$2.20-I would be happy to wait 2-4 years!!!!

 

If someone with US$ (I wish I was carrying those) offered me NZ$1.60-(dont scoff, remember flp?? )I would take it and run.

 

These are my thoughts after following ffs for years,and hope you find it interesting.