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To: Zardoz who wrote (38889)	8/12/1999 2:22:00 PM
From: Lucretius	Respond to of 116770

ROFLMAO!! the large cap golds pull back and this means it is time to go short the metal or its shares??? LOL!! are you short gold (the metal or shares.. be specific) yet??? answer yes or no please. as i said, I sure hope you are!!!!! please tell us which stock you short as well, thanks. WHy not short the large caps today and the juniors tomorrow (they are lagging and still in rally mode today) then you can get doubly destroyed... LOL!!

To: Zardoz who wrote (38889)	8/12/1999 4:26:00 PM
From: long-gone	Respond to of 116770

OT(?) I guess it's true the utilities are now "growth stocks" - as long as you want negative growth.Talk about manipulation! Check this out. Guess gold bugs will get utility investors to climb on board against the UK after this. You just should never try to do business with socialists. Thursday August 12, 3:13 pm Eastern Time Moody's may cut UK regional electric companies (Press release provided by Moody's Investors Service) NEW YORK, Aug 12 - Moody's announced that it has placed many of its debt ratings of UK Regional Electricity Companies (REC's) and multi-utilities on review for possible downgrade following today's announcement of proposed swingeing cuts in their allowed earnings. The regulator has proposed headline reductions in allowed distribution revenues from April 2000 averaging 25% - 30%, with further 3% annual reductions in future years, adjusted for inflation. These were larger than expected, and represent very significant challenges to companies to improve their operating and capital efficiencies, particularly for those companies identified as being less efficient relative to their peers. Today, electricity regulator Ofgem announced ``draft determinations' for the distribution (``wires') businesses of the Regional Electricity Companies in England and Wales, and the vertically-integrated utilities in Scotland.(cont) biz.yahoo.com Everyone said no one will care as long as the only thing manipulated is gold. I asked "What about when they come after another entire sector"?