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To: Rarebird who wrote (49853)	3/1/2000 10:17:00 AM
From: long-gone	Respond to of 116998

& the # 1 use of gold is: Tiffany Profits Top Estimates NEW YORK (Reuters) - Posh jewelry retailer Tiffany & Co. (NYSE:TIF - news) said on Wednesday that its fourth quarter profits rose 59 percent from a year ago and beat Wall Street's expectations as a robust economy helped the company set sales and profit records this year. Fourth-quarter net earnings rose 59 percent to $84.6 million, or $1.11 per diluted share, versus $53.3 million, or 74 cents per diluted share, in the prior year. Securities analysts expected that the New York-based company, famous for its trademark robin's egg blue boxes, to earn $1.09 a share in the fourth quarter ended Jan. 31, 2000, according to First Call/Thomson Financial. Tiffany's net sales rose 26 percent during the quarter to $559.8 million from $442.8 million a year ago, as sales increased from each of the company's markets. In early January, Tiffany had said that its sales at stores open more than a year increased 27 percent in December, a crucial time for retailers because of holiday shopping. For the fiscal year ending Jan. 31, 2000, net sales rose 25 percent to ... dailynews.yahoo.com

To: Rarebird who wrote (49853)	3/1/2000 10:54:00 AM
From: lorne	Respond to of 116998

Gold faces higher resistance test Wednesday, March 1, 2000 REUTERS ------------------------------------------------------------------------ Gold rose in early European business yesterday on good physical demand and light short covering. "We expect the market to correct and to trade higher again. The first resistance we might test is at US$295," one dealer said. The latest CFTC Commitments of Traders report released late on Friday showed the net speculative long on Comex had ballooned to 31,008 contracts (about 3.1 million ounces) on February 22 from 9,014 contracts in the previous biweekly report. Dealers said last week's sell-off might have tipped investors into a marginally short position. Gold fixed higher in London yesterday morning, at US$294 an ounce from Monday's afternoon fix at $292.50. Spot gold was at $293.75-$294.50 in late morning trade, against New York's close at $291.80-$292.80 on Monday. Asian spot gold closed higher at the day's peak after currency-related buying and Australian short covering. "The price of gold rose in the Asia market, possibly related to gains in palladium and platinum prices," a dealer said. Spot bullion ended in Hong Kong at US$293-$294 an ounce. Tael gold finished with a gain of HK$8 at $2,720. scmp.com

To: Rarebird who wrote (49853)	3/1/2000 2:56:00 PM
From: long-gone	Read Replies (2) \| Respond to of 116998

re: some day this will blow up Not if this does first: NEWS ALERT Weinberger Says U.S. May Have to Go to War With China 2/29/00 - By Scott Stanley Jr. Taking note of yesterday?s announcement by Liberation Army Daily, the official newspaper of Red China?s armed forces, former defense secretary Caspar Weinberger told a meeting on Capitol Hill Tuesday that, ?It might not be wise for America to go to war with China, but it might be necessary.? The threat by the People?s Liberation Army to engage in long-range missile attacks on the U.S. mainland needs an ?unequivocal, immediate, unambiguous, firm response,? Weinberger said. The former defense secretary also cited an 11,000-word white paper released by Beijing as a high-level negotiating team led by Deputy Secretary of Defense Strobe Talbott left China to return to the United States. Weinberger noted that although Clinton?s ambassador to China, Joseph Prueher, claimed the document contained only a sentence or two that was threatening, it was in fact so warlike as to contain ?no nuances,? Weinbeger said, adding: ?Clinton should have picked a stronger U.S. ambassador. Weinberger also noted China?s forward deployment of missiles directed at Taiwan even as a carrier task force led by the USS Kittyhawk and two U.S. missile cruisers maneuvered off Japan. Thanks to U.S. technology sold to and stolen by the Red Chinese, Beijing is thought by defense experts to have at least 24 long-range missiles capable of hitting most of the United States with warheads the equivalent of 5 million tons of TNT. Weinberger told the hushed audience at the Monday Club, hosted by former Indianapolis News editor M. Stanton Evans, that this would be a very good time to have a missile-defense shield in place as proposed under President Reagan. Because of the Clinton administration, Weinbeerger said, ?I don?t think we are militarily ready for conflict with China.? insightmag.com