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Management Side
Disconnected Comparisons
In this issue of Disconnected Comparisons, we evaluate MOD-PAC CORP (MPAC) and Sappi Limited (SPP). A USD 100 investment in MPAC on 13 October 2003, when trading first began, would have been worth USD 112.57 on 2 August 2013; a USD 100 investment in SPP on 4 January 2002 would have been worth USD 23.09 on 2 August2 013; and a USD 100 investment in the PM40 on 4 January 2002 would have been worth USD 274.26 on 2 August 2013.

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MOD-PAC CORP (MPAC) is a NASDAQ traded company. Their Web site is modpac.com.

Sappi Limited (SPP) is a NYSE traded ADR. Their Web site is sappi.com.

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