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Gold/Mining/Energy : potash corp
POT 20.650.0%Jan 2 4:00 PM EST

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To: gordon cheswick who wrote (2)9/22/1996 9:20:00 PM
From: jonggua   of 60
 
to all:
I've been following POT a little since I first heard it mentioned in Barrons by Zulauf when it was at 25! Finally bought some this year for mom's IRA, but sold at small profit when I kept getting PR newswire feeds of brokerage downgradings to a HOLD or MARKET PERFORMER. Seems several brokerages expect the stock to take a rest as they digest this newest acquisition and anticipate the German takeover. Maybe worries about short term higher interest payments? Certainly the long term outlook seems stellar, but buying here makes me wonder. I think we'll see the 60's again, especially so if the market takes a tumble of any sort. Great company, awesome future, but is stock price too far ahead of itself at this time?
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