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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: SnowShredder who wrote (5711)	10/1/1998 10:46:00 PM
From: Rocketman	Read Replies (1) of 9719

Great call by your friend seeing as he posted last Sunday. From todays Motley Fool: <<<<<<<<< GOLD COMPANIES STRIKE IT RICH U.S. stocks were hit hard today, but mining companies struck gold. Plus, a continuation of the Balance Sheet Checklist series. HEROES Gold mining companies struck gold today while most other stocks headed downward as Nymex spot gold prices gained $3.20 to $299.60 per ounce. With stock prices generally falling in U.S. markets as well as in overseas markets, some investors are looking at precious metals as a safe haven to weather the downturn. Denver-based Newmont Mining (NYSE: NEM), whose Newmont Gold (NYSE: NGC) subsidiary is the nation's largest gold producer, moved up $2 1/8 to $26 3/8. Newmont Gold rose $3 7/16 to $29. Toronto-based Barrick Gold (NYSE: ABX), the second largest gold producer in North America after Newmont Gold, picked up $1 1/8 to $21 1/8. Meanwhile, Vancouver-based Placer Dome (NYSE: PDG), which is second in Canada after Barrick Gold, inched up $3/4 to $14 9/16, and Anglogold Ltd. (NYSE: AU) American depositary shares zoomed ahead $2 1/4 to $29 1/8. fool.com >>>>>> Rman

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