Abstract: Apparatus for handling a continuous web of Z-fold computer paper discharged from a printer includes a conveyor having spaced apart paper stacking and stacked paper removing regions. Included in the apparatus is a plurality of stacking blades moveable in a generally horizontal plane between extended and retracted positions. The blades are also moveable between upper and lower positions; in their upper position the extended blades are directly above the stacking region in a position to intercept a stream of paper from the printer, the intercepted paper forming an intermediate stack on the extended blades. When the blades are in their upper and retracted positions, they are positioned out of the stream of paper. In their lower position, the extended blades are directly below the conveyor paper stacking region.