Barrick Gold (ABX) Message Board

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Gold/Mining/Energy : Barrick Gold (ABX)

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To: The Fix who wrote (535)	4/3/1998 8:34:00 AM
From: Gary R. Owens	Read Replies (1) of 3558

fIXER, Bought some ABX Jan99 22 1/2 Calls awhile back at 1 9/16. Closed yesterday at 3, up 3/16ths. I wanted to give myself enough time in case we revisited the bottoms again. I figure that the economic instability, Asia/ Japan problems and y2k will take some time for folks to wise up. Plus we have an overextended market with metals undervalued. I didn't go out longer than that because I believe all h**l will break out when we actually start to see year 2000 impact (besides 1/2 Bil price tags to try to completely fix it a la GM) no later than 1Q 99. gary

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