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To: DoubleOddBuck who wrote (36487)7/4/1999 10:48:00 AM
From: Zeev Hed  Respond to of 116759
 
D. I think that on a "spike" basis that is possible, but I have had $250 as a target for the last three years on SI, and I am kind of wedded to this number. The reason is that too many mines have a cost basis in that range, and thus these will be taken off line bringing a new balance. However, market do go to extreme, and who am I to pick a "real bottom"? I have been ridiculed enough (as Darleen knows) for suggesting that $250 might be a target.

Zeev