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Gold/Mining/Energy : ASARCO (AR)

AR 34.22

-2.5%

2:14 PM EST

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To: Sterling who wrote (32)	12/23/1997 1:58:00 PM
From: Jyoti sharma	Read Replies (1) of 58

Christopher, My guess the downside risk in extreme case is to 17. The upside is 40. I am waiting to see some insider buying before jumping in. The reported insider activity is always 6-8 weeks late from actual date. The book value looks good to me. PD is also selling at its yearly lows @ 60. The stated book value of PD and AK are almost equal. PD ofcourse has much hihger margins. When I have some time, try to do some in depth research and post it here. Happy holidays and good investing. Jyoti

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