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Strategies & Market Trends : Value Investing

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To: James F. Hopkins who wrote (2878)	12/27/1997 7:21:00 PM
From: Jyoti sharma	Read Replies (1) of 78702

James, Thank you for your views. I agree with your thinking on AR and PCU. My own 'feeling' is that copper prices are down mainly due to perceived lower demand for copper from Asian countries. I intend to establish position in AR as soon as Korean situation is stabilized. The problems of Asia are mainly in Korea, Indonesia and Thailand. China and India are doing okay. Eastern Euorpe, Latin America and rest of the world will have their normal need for copper next year. Unlike gold there is no overhang of large supply for copper. I am still hoping to buy AR below 20 in Jan or Feb. Jyoti

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