TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: kodiak_bull who wrote (44876)	2/2/2004 11:34:45 AM
From: Esoteric1	Read Replies (1) of 59879

Falconbridge strike bullish for Inco 38.30 +0.87: Goldman Sachs believes that the shutdown of Falconbridge's Sudbury-Ontario nickel mines should support higher nickel prices, since: 1) these mines' production represent 5% of world's nickel supply, 2) the nickel mkt was already in a large deficit, and 3) they consider nickel as the most supply-constrained base metal mkt due to the lack of new projects coming into production over the next two years. Firm raises their 2004-05 EPS ests for Outperform-rated Inco (N) above consensus, and notes that the stock trades at 7.1x their 2004 est and 6.6X their 2005 est. briefing.com Could be a nice boost for OMG!!

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