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Gold/Mining/Energy : Barrick Gold (ABX)
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To: Enigma who wrote (2168)10/19/2000 2:49:32 PM
From: Ken Benes  Read Replies (1) of 3558
 
Earnings and revenue are down which is reflected in the stockprice. Additional supply will have little impact on earnings and revenue if the pog continues to fall. Looking at barrick today, there are are virtually no bids for the stock with plenty of stock offered. This is a pretty good indicator that it is headed lower. My prediction of 12 for a low in barrick may prove to be optimistic.
If shareholders were unruly at last years annual meeting, they may need the police at this years meeting.
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