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Gold/Mining/Energy : Joy Global

JOY 28.30

0.0%

Apr 13 4:00 PM EDT

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To: Dennis Roth who wrote (9)	3/7/2008 3:34:47 PM
From: Condo	of 28

the intensity of demand for mining equipment is rising above previous expectations. Thanks for posting both the BUCY and the JOYG analysis from GS. Both are nearing new highs. I prefer JOYG's RoE of 38 to BUCY's 16.

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