will this sucker drop again ?, page-10

MARKET TALK: SB Slashes Paperlinx Target to A$2.40 22/05/05 09:07:00+

0907 [Dow Jones] STOCK CALL: Smith Barney slashes target price on Paperlinx
(PPX.AU) to A$2.40 a share from A$3.40. Keeps stock at Sell but raises risk
rating to Speculative, pointing to concerns about deteriorating credit quality.
Cuts FY05 profit forecast by another 5% on continuing evidence that demand is
slowing, slashes FY06 forecasts by 19% "as we do not see current conditions
improving." PPX latest A$2.65. (LMF)


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MARKET TALK: GSJBW Stays Negative On PaperlinX 08/05/05 09:08:00+

0907 [Dow Jones]STOCK CALL: Goldman Sachs JBWere keeps Underperform, Sell
ratings on PaperlinX (PPX.AU), despite more detail provided by PPX on recent
profit warning; "While the additional detail provides some further clarity, it
does not change the fact the outlook for PPX looks quite challenging at a macro
level." Predicts writedown of up to A$250 million for Australian Paper assets.
Keeps A$2.55 valuation vs last A$2.85. (RJN)