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Gold/Mining/Energy : Barrick Gold (ABX)
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To: nickel61 who wrote (2977)5/21/2002 10:36:35 PM
From: FuzzFace  Read Replies (1) of 3558
 
It's the same kind of logic that drove Amazon to 400 because they were "playing the float". Some people are unduly enamored of the "magic of compound interest". But when investing, one should be aware it works in reverse as "discounted cash flows".
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