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To: pater tenebrarum who wrote (38590)11/18/2000 8:19:57 PM
From: chic_hearne  Read Replies (1) | Respond to of 436258
 
comms long over 40k contracts net. that alone translates into a 30-bucks short covering rally for gold.

I don't get your reasoning here. I think they could cover and it still could go down, or they could cover and it could go up $200.

It all depends on when they decide to cover and IF there are people willing to sell at a given price. IMO, the potential price spike during covering will be determined by news and market conditions.



To: pater tenebrarum who wrote (38590)11/20/2000 9:34:29 AM
From: yard_man  Read Replies (2) | Respond to of 436258
 
Ho ho ho softbank -- I still get a kick whenever I hear that name ... should be sold on that basis alone

>>Relying too much on shares

Analysts have expressed concern over the Softbank's poor ability to generate cash from group operations and its tendency to rely too much on profits generated from selling shares owned in other Internet firms.

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