Industry & Services >> Analyst Interviews >> May 15, 2000

Paper & Forest Products Stocks : Ann Torma – Merrill Lynch

ANNA E. TORMA is a North American Paper & Forest Products Analyst at Merrill Lynch. Before joining Merrill Lynch, Ms. Torma was a Senior Paper and Forest Products Analyst at a Canadian investment bank, initially covering Canadian lumber and paper and forest products. Prior to becoming a Research Analyst, she had specialized in forest product mergers and acquisitions, practiced corporate and environmental law for forest product and mining companies, and worked as a strategic planner for a major Canadian newsprint producer. She has been involved in the forest products industry since 1980. Ms. Torma is a Registered Professional Forester, holds a law degree and an MBA from the University of Western Ontario, and a BSc in forestry from Lakehead University. She is a member of the Bar of Ontario, the Ontario Professional Foresters Association and the Society of American Foresters. Profile
TWST: How have the paper and forest products stocks that you follow

performed over the past six to 12 months?

Ms. Torma: We've seen the stocks go through a significant rally,

followed by a