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[sharechat] FFS & CNIF - Same Old Emotional Tripe

From:	"Jim McMillan" <seechoke@hotmail.com>
Date:	Fri, 16 Aug 2002 06:12:02 +0000

Same old pathetic tripe using emotions (rather than logic) about Citic/China 
and CNIF - if China stops buying logs, FFS goes broke and Citic buys FFS for 
1 cent.  Number 1 - Citic has US$200m to lose itself first and the Receiver 
of FFS is not required to sell to Citic but to the highest bidder.  Number 2 
- If China is indeed that pivotal to log prices, why doesn't China simply 
stop buying NZ logs now, send the whole blinking industry to the wall and 
buy CNIF for US$200m? This is business - not emotion at play.



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