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To: pater tenebrarum who wrote (29637)	10/18/2000 8:50:20 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

<<now guess what i find....they are LONG calls on 430,000 oz. , outstripping the handful of calls sold by their Beatrix mine by roughly 100k oz. for this financial year>> That IS good news. I've been staying away from GOLD because of their reputed hedging. I think I may sell the remainder of my AU to take the tax loss, and put it in GOLD.

To: pater tenebrarum who wrote (29637)	10/18/2000 9:01:21 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

BTW, did you see the 'Softee report? It's been touted all over that they "Beat the number". Upon further review, Hmmm what's this? biz.yahoo.com Three Months Ended Sept. 30 1999 2000 Revenue $5,384 $5,800 Operating expenses: Cost of revenue 712 859 Research and development 813 956 Sales and marketing 922 1,038 General and administrative 148 170 Total operating expenses 2,595 3,023 Operating income 2,789 2,777 Losses on equity investees and other (19) (52) Investment income 550 1,127 Income before income taxes 3,320 3,852 Provision for income taxes 1,129 1,271 Income before accounting change 2,191 2,581 Cumulative effect of accounting change 0 (375) Net income $2,191 $2,206 Earnings per share: Basic before accounting change $ 0.43 $ 0.49 Diluted before accounting change $ 0.40 $ 0.46 Basic $ 0.43 $ 0.42 Diluted $ 0.40 $ 0.40 It seems that 'Soft actually had a LOWER operating income in '00 than in '99! They chalked up almost twice the investment gain (about 600 million more) in '00 than in '99. All of this recorded "above the line", natch. Amazing what nonsense people will buy, even at this decaying phase of the Mania.....