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Gold/Mining/Energy : Gold Price Monitor

GDXJ 101.44

+3.5%

Nov 12 4:00 PM EST

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To: Terry Rose who wrote (8803)	3/24/1998 9:07:00 PM
From: Alex	Read Replies (1) of 116756

Now Terry; you know we're in ga ga land - we reap only the benefits and none of the drawbacks in the goldilocks economy : o ). BTW, the p\e of the S&P at todays close was 27.8, but who's counting? A Y2K note............ AUSTRALIA CONCEDES DEFEAT TO THE MILLENNIUM BUGMarch 24, 1998ÿGraeme Inchley, head of the Australian government's Year 2000 initiative created to fix the "millennium computer bug" in the nations information systems, said yesterday that Australia has run out of time to fix its year 2000 problems and will not be prepared by January 1, 2000. He said in an interview that the best they could do was to fix its most critical systems and put up "word arounds" for the others. He said, "The government is going through an assessment of its areas of greatest risk and will have to move very quickly in order to at least be able to operate by 2000."

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