Noranda (TSE;NOR) Message Board

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Gold/Mining/Energy : Noranda (TSE;NOR)

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To: eyewatch who wrote (178)	8/17/2000 11:45:03 PM
From: bill	Read Replies (1) of 197

Bought into NORANDA today at 14.70. Interesting to read the comments on the thread. The price is nearly half of what it was and the dividend is over 5%. Nickle is in short supply. Technically, NOR has made a triple bottom and after that the bottoms started to move up. A new incline has begun. Whether it can be sustained is another matter. Blue Line has a double buy on it. The general word is that Can stocks are going to do well in 2000 but that's going to depend in good part on Japan and there are warning flags all over the place with the Japanese economy. Impossible to call. Inflation or deflation? No agreement anywhere, it seems. BNN.A made 3.65 a share last year and is making money hand over fist this year but its share price is going nowhere. Company after company that is raking in the dough is doing nothing share price wise. Because everyone is hypnotized by the Internet stocks or because the money managers are looking twelve months down the road and seeing a bear market? Anyone besides me buying NOR?

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