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


To: re3 who wrote (58967)9/27/2000 8:47:48 AM
From: Rarebird  Respond to of 116762
 
F5 is up 350% since July 99. NEM is flat. The year is not over.

Comparing the earnings and revenue growth of F5 to NEM is like comparing a Filet Mignon to Dog Food.

NEM's share price is going nowhere here without a higher POG.

Gold stocks require a number of economic factors and currency exchange rates to move favorably in their direction in order for them to sustain a rally. It is much more difficult for a gold stock to rise than a tech stock with strong earnings to rise.

PS Outside of Insurance, I don't see much value or growth in the vast majority of gold stocks here. The gold stocks can't compete and are still overvalued in relation to the NDX. Yes, that can change; but it would require a completely different economic environment than the one that exists at present.