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


To: Rarebird who wrote (52278)5/3/2000 11:10:00 AM
From: LLCF  Read Replies (2) | Respond to of 116790
 
<Looks like Lehman wants to accumulate some gold shares on the cheap. They just downgraded NEM and HM to "underperform">

With negative comments on gold shares in general I hear... can you imagine? With the market looking like this and some bone head takes time out to downgrade gold shares?? Absolutely unreal.

DAK



To: Rarebird who wrote (52278)5/3/2000 2:25:00 PM
From: TATRADER  Read Replies (2) | Respond to of 116790
 
Lehman wants to keep its clients out of gold...Their clients leave regular stocks, go to cash and gold, they don't make money...The cries of the brokerage houses will become louder as the gold bull market picks up momentum...
...Gold will begin its next leg up before Friday close....Inflation drums are beating louder...



To: Rarebird who wrote (52278)5/4/2000 8:29:00 AM
From: long-gone  Respond to of 116790
 
<<Looks like Lehman wants to accumulate some gold shares on the cheap. They just downgraded NEM and HM to "underperform" with price targets of $18 and $5 respectively. >>

Robert Rubin was, at one time, a BIG name at Lehman & might well still have a financially backed "voice" at the firm.
Suggested reading this sub-topic: "Greed & Glory on Wall Street".