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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: re3 who wrote (81488)6/6/2000 9:08:00 PM
From: pater tenebrarum  Respond to of 132070
 
yes...i think it should play catch-up with the improving PGM prices. obviously it will continue to deliver the earnings...MER's downgrade based on expected Russian exports was yet more proof of what rubbish passes for analysis these days...even i could have told them the Russians were just bluffing. in any case, the Russian exports didn't materialize, the PGMs are back in rally mode, and SWC is presumably making the most of the situation. last time the PGMs were at similar levels, the stock traded 20 bucks higher (that's overvalued territory, but what the heck...since when is that a reason to not bid a stock up).