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Gold/Mining/Energy : Derlan (T.DRL)

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To: Phoenix who wrote ()10/18/1997 2:12:00 AM
From: Carl   of 319
 
Selling pressure today may be due to lowered earnings forecast by Levesque Beaubien. Read in Investor's Digest that they have lowered their EPS for 1997 from .20 to .15. However, I expect this dip is temporary since they still project .50 for next year. If they're correct, we should see upward price pressure in the months to come.
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