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Technology Stocks : Stock Swap

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To: Trader X who wrote (16240)	2/17/1999 9:47:00 PM
From: Tech Master	Read Replies (1) of 17305

TX- I have started building a position in PDG. I like the fact that CIBC just put a "strong buy" out on it. Back to 17 is a layup this year and a multiyear high is likely once the market panic begins.... Y2K fears will drive people to gold, metals, and other safe havens later this year... The international accumulation of gold is coming. I don't buy into the current mentality that gold is no longer a safe haven.... we will see... I agree about gold funds.... but there are a few gold stocks I like as well....one of my analyst friends likes PDG and it should deliver better than average returns in 99. I might even look at leaps on XAU....

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