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Gold/Mining/Energy : Global Platinum & Gold (GPGI)
GPGI 24.46+6.1%Feb 6 9:30 AM EST

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To: Thor Carlsen who wrote (2273)3/20/1997 11:13:00 AM
From: Zeev Hed   of 14226
 
Thor: I am afraid that this correction will carry the desert stock lower as well. These are very speculative issues, and the people involved often go on margin, massive margin calls, which should start if the DOW breaks 6800, or the NASDAQ breaks 1250 (which it already has) will cause people to raise money from all issues. Many investors are loathe of taking on paper losses, and thus they make the mistake of raising cash from their winners.

Zeev
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