Here is a message from an alert reader that shows we are on the right track investing in timber.
Dear International Friend,
We have looked at several messages regarding Plum Creek Timber. Here is a note an alert reader just shared.
“Gary, I thought you would like this…
From: Schwab Alerts [mailto:SchwabAlerts.MyPortfolio@Schwab.com]Sent: Wednesday, January 16, 2002 10:02 AMNews Alert
Standard & Poor's on Tuesday said PLUM CREEK TIMBER CO. (31.00, up 1.81 @ 9:56 a.m. EST) would replace retailer KMART CORP. (1.73, down 0.72 @ 9:57 a.m. EST) in the S&P 500 Index after the close of trading on Wednesday. On Tuesday, Kmart's board of directors met to review options for the company. Analysts and investors had hoped Kmart would disclose how it will address Wall Street's concerns about the possibility of a Chapter 11 filing and define its business strategy after the meeting.”
Until next message, good global investing!