Selling Off The Paperweights?

Paper and forest-product stocks are finally finding their way out of the woods, but they're not in the clear yet. Red ink continued to hamper the industry in 1993, and the outlook for 1994 remains iffy. But with the resurgence of mergers, "certain paper and forest-products stocks may just be the right thing to own at this point," says Kazi Hasan, a veteran paper and forest-products analyst.

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