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Non-Tech : Canadian vs. US Banks--Better PE and rising C$

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To: Mr.Manners who wrote (41)4/21/1997 1:34:00 AM
From: marcos   of 230
 
The way it reads in Bloomberg Personal right now is that Jap banks rose on expectations that AMERICAN rates would not rise further. ....."gold only down 60 cents"!!!!!! Hey, that's almost as good as a rise, lately... kitco.com On Friday, I went in just before market close to pick up SMS(love the PE) but at the last moment changed the order to CWB, this one has made me enough in the last 2 years to make these shares free, really.....I sold it out completely between 15.40 and 15.85 this last time......don't know if I expect any immediate-if-not-sooner jumps, though......I still expect to get a bit of SMS, and maybe reduce DJN.A on strength(great PE, but big political risk, you're right, Steve) it's done well lately......
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