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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Terry Whitman who wrote (7538)	2/7/2000 7:45:00 PM
From: pater tenebrarum	Respond to of 42523

probably not forever. BUT i still believe that SWC being the only credible PGM producer outside SA and Russia makes it deserving of a high p/e. note that the PGM's continue to soar, and the main question is actually if they can keep on doing so. imo, yes. there will be a big correction soon to work off overbought readings, but that will likely be a buying opp. for SWC. note that the mine has overcome it's production problems (see news headlines: quote.yahoo.com. furthermore it's not yet fully reflecting the rally in the PGM's...as with gold, doubt reigns supreme. today may have been when the doubts have begun to be dispelled somewhat (in other words, it's been discovered by the mo-mo crowd). any sharp rise from here is probably an opportunity to take profits in the short term. it's quite volatile btw....