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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: lorne who wrote (48806)	2/10/2000 11:09:00 PM
From: Rarebird	Read Replies (4) \| Respond to of 116764

Now the Gold Mining Industry has to convince investors to take a long position in their company. That won't as easy as closing out a forward sale. Today's action in the the XAU should finally open up some eyes to the reality that most investors couldn't care less about Gold Mining Stocks. Oh, I know investors and traders will care when their beloved tech stocks get crushed big time and the dollar goes into a free fall. But that time is not here yet. Many people here have spoken of Gold as a perceived value. Value is something that is created by humans and imposed on the marketplace and universe. Stocks such as Puma could sell at a PE of 1000 because many Market Participants who own Palm Pilots love their Web Browser.Thus, Puma's share price gets richly rewarded for the great value it brings to Palm Computing. The same can be said for Yahoo and its great Instant Messenger for the Palm. Take Adobe Systems now: the company reported 4 days ago that it was making its Acrobat Reader available to the Palm OS. The stock has been on a tear since. Gold has to compete with these great innovations in the Information Age. I could go on and on here but the fact of the matter is that Gold cannot compete just yet. But Gold Mining Stocks will have their day in the sun.

To: lorne who wrote (48806)	2/11/2000 8:20:00 AM
From: long-gone	Respond to of 116764

If the attacks on the web are helping POG then we might well expect the rally to continue: (but note - even if I'm being helped by it, I hope the guilty parties are brought to justice! - the freedom of speech must not be praticed with spray cans on the walls of others) Hacker Assaults Expose Internet's Weaknesses Anti-hacking experts Jan Philpott of the government's computer emergency response team (CERT), left, March J. Zwillinger of the Department of Justice's computer crime office, center, and David Jarrell of the federal Computer Incident Response Center listen as the FBI's Ron Dick talks to the press about the bureau's investigation. (Lucian Perkins - The Washington Post) _ Some Recently Hacked Sites _ ? E-Trade: Wednesday: Sporadic outages in the morning. ? Datek: Wednesday, 9:35 a.m.: Slowdown for 30 minutes. ? ZDNet: Wednesday, 7:30 a.m.: Offline for several hours. ? Amazon: Tuesday, 5 p.m.: Increased traffic slows site. ? CNN: Tuesday, 7 p.m.: Certain areas of site stalled for nearly two hours. ? eBay: Tuesday, 3:20 p.m.: Down for most of the day. ? Buy.com: Tuesday, 10:50 a.m.: Jammed until sometime after 2 p.m. ? Yahoo: Monday, 10:30 a.m.: Down for 3 hours. All times are Eastern Standard Time Source: Staff and Wire Reports What's Your Opinion? E-Mail This Article Printer-Friendly Version By John Schwartz, Ariana Eunjung Cha and David A. Vise Washington Post Staff Writers Thursday, February 10, 2000; Page A01 Hackers attacked some of America's most popular Web sites yesterday for the third day in a row, walling off frustrated consumers from companies that provide news and stock trading as law enforcement officials launched a nationwide criminal investigation. Attorney General Janet Reno announced the investigation ? but the nation's top law enforcement officials admitted that they don't yet know who is mounting the attacks, why they are happening or what to expect next. "At this time, we are not aware of the motives behind these attacks," Reno said. "We are committed in every possible way to tracking down those responsible." The computer attacks earlier this week temporarily blocked access to Web sites that read like a Who's Who of the new economy, including Yahoo, eBay, Amazon, CNN.com and Buy.com. Then, at daybreak yesterday, (cont) washingtonpost.com