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Gold/Mining/Energy : Stillwater Mining , SWC (former PGMS) -- Ignore unavailable to you. Want to Upgrade?

To: PuddleGlum who wrote (1024)	11/6/1999 2:48:00 PM
From: Bob Howarth	Read Replies (1) \| Respond to of 1336

As you know, Russians get to set the palladium price. I think they will probably for now keep it around this level as a base with 420 to the upside. They must balance increasing demand from CATs with declining demand from electronics and dental. I see no reason price can't go up about 10% a year for next 3-5 years. It is completely up to the Russian Central Bank. On this basis I think current price of SWC should be around 30-35. No wonder I still own a bunch of this stock!