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Gold/Mining/Energy : Gold Price Monitor

GDXJ 96.88

+0.9%

Nov 18 4:00 PM EST

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To: Joan Osland Graffius who wrote (67394)	4/9/2001 12:23:43 AM
From: B.REVERE	Read Replies (1) of 116762

Anyone who was in TIAA-CREF's growth fund saw real pain these last 12 months as 43% of their investment or about 4 years worth of gains evaporated. This from one of the best managed funds, in terms of research and d/d, those on Janus and other agressive funds took the full 65% hit. As this next quarter fails to put a positive spin on their returns, I agree that a slow erosion will start to occur and bond funds will become the public's choice. Later,

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