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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject1/22/2002 9:15:50 AM
From: Paul Shread  Read Replies (1) of 36161
 
08:23 ET Goldman Sachs on Gold : Goldman Sachs lowers their recommended weighting in gold stocks to MKT WEIGHT from Mkt Overweight, for the following reasons: fears of terrorist attacks and military conflict have subsided; the global economy has materially slowed, negatively impacting jewelry demand; and gold stocks have made solid gains since Sept. Downgrades PDG and ASL to MKT PERFORM from Mkt Outperform; FCX remains top pick in the group.
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