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To: Ted David who wrote (7911)	5/22/2001 5:09:38 PM
From: long-gone	of 17683

Ted, please, have someone at CNBC look into this & sic em Some of these analyst antics must be exposed to the light of day. Beat the HELL outta them! To:tippet who wrote (69998) From: craig crawford Tuesday, May 22, 2001 4:48 PM View Replies (1) \| Respond to of 70014 Can you explain this? I'm not sure I get it. According to the analyst from CSFB NEM is too expensive so it only deserves a hold rating, yet CSFB just bought a 4% stake? They say NEM is more leveraged to the price of gold than say ABX or PDG, which they have buy ratings on. Obviously they must think that gold is going up and a little hedged company like NEM will outperform. Otherwise there is no point in buying a more leveraged company like NEM if you think it's expensive and needs much higher bullion to support the price. They didn't buy it from Noranda at a discount did they? Perhaps they didn't consult their own analyst before making the purchase? ``Without question, Newmont and Homestake have greater leverage to take advantage of a change in gold position,'' said Doyle.. CSFB's Doyle has a buy rating on Barrick and Placer Dome, and a hold rating on both Newmont and Homestake. TORONTO, May 22 (Reuters) - Noranda Inc. (Toronto:NOR.TO - news) said on Tuesday it had sold its 4 percent stake in Denver-based gold miner Newmont Mining Corp. (NYSE:NEM - news) to Credit Suisse First Boston (NYSE:DIR - news) for about C$246 million ($160 million).

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