Companhia Vale Do Rio Doce (RIO) Message Board

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Gold/Mining/Energy : Companhia Vale Do Rio Doce (RIO)

VALE 12.09

+1.7%

Oct 31 9:30 AM EDT

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To: rsroberto who wrote (368)	8/3/2008 10:14:53 AM
From: Dale Baker	Read Replies (1) of 461

If the earnings estimates are correct, it is an excellent price, now less than 10x 2008 estimates and 7x 2009. I recently bought some Jan 2010 LEAP calls to tuck away and see how they do.

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