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

To: Edward W. Richmond who wrote (1058)	1/26/2000 5:54:00 PM
From: Bob Howarth	Read Replies (2) \| Respond to of 1336

How LONG do we have to wait for earnings release? I must admit it seems aggressive for Q4 1999 to arrive at 25 cents. Starting at 17 last quarter, bring to 20 for 15% increase in production. You must add 25% to 340/ounce to get 25 cents. I am not sure when the rally in PGM started last quarter so I hope the analysts have kept track and not set us up for a disappointment. I also hope there were no weirdo end of year hedge things. If Russians stay the course in 2000, and South Africa joins the 21'st century of finance, I think we can do 500 / ounce for PGM without causing any undo impacts on economy / consumers etc.