Disconnected Comparisons In this issue of Disconnected Comparisons, we evaluate Fibria Celulose (FBR) and Mercer International (MERC). A USD 100 investment in FBR on 4 January 2002 would have been worth USD 304.21 on 13 November 2015; a USD 100 investment in MERC on 4 January 2002 would have been worth USD 139.21 on 13 November 2015; and a USD 100 investment in the PM40 on 4 January 2002 would have been worth USD 315.72 on 13 November 2015. Click here to view the comparison. Fibria Celulose (FBR) is a NYSE traded ADR. Their Web site is fibria.com. Mercer International Inc. (MERC) is a NASDAQ traded company. Their Web site is mercerint.com/s/home.asp.