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Gold/Mining/Energy : Freeport McMoran (FCX)
FCX 39.42-4.3%3:59 PM EST

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To: Rick McDougall who wrote (2)11/13/1997 9:46:00 PM
From: William L. Molair II  Read Replies (2) of 141
 
This investment has really perplexed me over the past few weeks.Stock was really hit hard with the turmoil in Asia and hasn't recovered. Gold prices have slipped also.

Seems to me like their cost structure should be getting better (e.g. Indonesian currency weakened vs. dollar).

Anyone have any ideas about what is going on?
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