Paramount has added back the dime it borrowed from Bemis' bottom line in 1997 and will probably generate more than 10 cents a share in profits in 2000, says Lehman Brothers analyst Joel Tiss.
Unlike its main rivals, closely-held Printpack and American National Can, "Bemis isn't afraid to say 'Let's screw up our earnings for a year' if the investment keeps them on top for the next decade, " Tiss says.