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To: The Barracuda™ who wrote (48666)2/9/2000 9:43:00 AM
From: Bobby Yellin  Respond to of 116762
 
goldman sachs also for commodities-but not for gold-



To: The Barracuda™ who wrote (48666)2/9/2000 1:49:00 PM
From: Alex  Respond to of 116762
 
<<Thompson noted that his company is "basically 97% unhedged" and will
probably maintain that position in the future. While Homestake may have
business reasons to engage in hedging from time to time, such as securing
financing for a new project, it is not big player in the hedging field.
"Hedging is not a central part of our strategy," he told analysts in a
conference call Wednesday.>>

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