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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: patron_anejo_por_favor who wrote (35148)4/30/2002 6:41:29 PM
From: Joan Osland Graffius  Read Replies (1) of 52237
 
All,

Merrill Lynch Analyst Dave Hall downgraded HGMCY short term rating from a Buy to Neutral because of price. He kept his long term rating as a Buy. Merrill has a Strong Buy rating but I have never seen them give gold stocks this high a rating. I have to give him credit as his write up on the company was positive.

Golly, unbelievable they will recommend strong buys on the tech's that are overpriced and they are neutral on a stock with a forward PE of 10, in a business that is over 2000 years old and the books are not cooked. Love it!!!!!!!

Joan
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