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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 71.07-1.4%Nov 6 3:59 PM EST

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To: JakeStraw who wrote (58133)2/28/2002 1:13:36 PM
From: bambs  Read Replies (3) of 77397
 
gold isn't even close to a peak...$400 will be seen this year.

gold stocks like hgmcy have a forward p/e of 8 with gold at current level and rand/dollar ratio holding here.

hgmcy needs to go up to $15 a share to have a conservative forward p/e of 10. this assumes that gold should holds $285 this year and the rand/dollar ratio stays unchanged.

most cheap north american gold companies will likely double agian this year. if you are interested in read up on gold...

gold-eagle.com

for starters...you should find lots of good links to get you started there.
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