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Gold/Mining/Energy : GIC

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To: Bruce Patterson who wrote (6)2/6/1997 12:03:00 PM
From: Turk   of 57
 
Bruce: Pattern trades with BCH not healthy. Be careful. Probably a good move to sell in the 70's and rebuy in the 60's. If that stock goes to $200 then a lot more people are doing the nasty without protection than I thought possible. Jealous me. Still subject to extreme volatility with each late development in the battle against aids.

Kevin: CLL, despite announcements, is probably priced about right. Let it consolidate for a while and see. Price of gold and dealings with Indonesian property holding it back.

To all: I should have bought those puts yesterday. When I was looking the market was up 40. Closed down 85. Puts closed at $23 from the $13 where I had first seen them.

Nothing done on either BSR or PUG. Still waiting.
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