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Gold/Mining/Energy : ARIMETCO INT'L (ARX ON TSE)
ARX 15.80-0.3%Jan 9 3:59 PM EST

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To: trustmanic who wrote (25)1/5/1997 8:56:00 PM
From: Peter W. Panchyshyn   of 80
 
How much a company is worth (whichever way one wishes to measure it) is irrelevant. The price of a companys' stock rarely trades at a value that corresponds to its worth. It trades in response to what people - investors think it is worth or more correctly what they are willing to pay for it. I actively trade, buying when the price looks cheap. Based on the trading activity of the stock and its historical price patterns. Accumulating on weakness and selling on strengthening. Keeping an eye on any news. And making any necessary adjustments.

Peter
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