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Plum Creek Timber Co. Inc. Message Board

  • langdonsmith langdonsmith Apr 2, 2003 6:50 PM Flag

    Its not what mills are doing today..

    its what they will be doing 1 yr from today. Off course mills are losing money today...thats why the stock has fallen from $30 to $20....timber prices are at the lowest prices in over 10 yrs...you buy this stock today at a %6 yld for an expectation of a move back to $30 before the economy fully recovers...when demand picks up and timber prices rise..PCL will ALREADY have gained 30% back to the high 20's...

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PCL
42.63+1.03(+2.48%)Apr 17 4:03 PMEDT

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