Karen,

The main belief is that prices have yet to reach the bottom, and it seems that this is going to happen in Aug-September.

 -----Original Message-----
From: 	Carter, Karen E.  
Sent:	Tuesday, July 31, 2001 10:34 AM
To:	Causholli, Monika
Subject:	RE: FOEX Prices

Monika,

I guess given this week's index results versus the prior week's we can conclude that the pricing signals from the market are still mixed.  

KC

 -----Original Message-----
From: 	Causholli, Monika  
Sent:	Tuesday, July 31, 2001 7:48 AM
To:	Aguilera-Peon, Maria Teresa; Allan, David; Biggerstaff, Finley; Boudreaux, Jay; Bruch, Greg; Bryja, James; Carter, Karen E.; Conner, Andrew R.; Crane, Bob; Dimitry, Dirk; Rickard, Craig; Robinson, Richard T.; Stapley, Cecil
Subject:	FOEX Prices



FOEX published its index today 

NBSK 469.23 down $8.04 or 1.68%  from last week.
BHKP came at 402.09 down $6.41 or 1.57% from last week

The average prices for the month of July were: NBSK $483 and NBHK $410 compared to last month's average of  $521(NBSK) and $453(NBHK). 
See attached
 << File: Foex Prices.xls >>