Alcan Aluminum (AL-TSE) Message Board

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Gold/Mining/Energy : Alcan Aluminum (AL-TSE)

AL 63.86

0.0%

Oct 31 9:30 AM EDT

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To: Step1 who wrote (18)	8/16/1998 10:00:00 PM
From: Step1	Read Replies (1) of 33

Commodity index now at a 5 year low... AL has been declining in the last 3 trading sessions, quite sharply I musts say. it hit 34 dollars on Friday. Any idea on what might constitute a "rational" bottom? By that I mean a price at which Alcan becomes historically cheap? No doubt in the event of chaotic events in Russia the price might weakened further as the markets dive... But what would be a fair value over the long term , a price at which it becomes logical to start building a position in AL? sg

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