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Gold/Mining/Energy : Echo Bay Mines, anyone (anyone) ((anyone))?
ECO 35.56+4.0%Oct 31 9:30 AM EST

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To: Robert J Mullenbach who wrote (246)1/17/1998 12:48:00 PM
From: John Stopforth  Read Replies (1) of 300
 
Robert

My best guess is the shares will move down for a couple of days
before leveling out even with an increase in the price of gold.
With the number of companies in trouble because of the POG, I think
we have reached a bottom for gold. I see it easily bouncing back
to $320/ounce. Investors will see the value in Echo Bay at this
level and the stock will move back up.

John
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