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DewDiligence

02/04/17 3:16 PM

#14158 RE: Timothy Smith #14152

WY—not a lot of exposure to NAFTA. What do you think biggest influence to these companies will be?

Please clarify. I’m not sure what you mean by “these companies” insofar as there is no company out there that’s genuinely comparable to WY, which derives about 2/3 of its cash flow from the fees it charges contractors for cutting timber.