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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?

To: Mao II who wrote (8277)12/4/2000 12:24:49 PM
From: Night Writer  Read Replies (1) | Respond to of 12662
 
M2,
The last time I checked PD was mining copper like FCX. While FCX mines copper it also produces some gold and silver. I have not see any reference to gold and silver mines so I think the gold and silver might be coming from the copper mines. Interesting that PD and FCX charts have both gone positive in about the same time frame. PD reports more favorable copper prices in the last quarter. FCX didn't cooperate and give me a buying opportunity under $8 so I will just watch it a this point.

I wonder if copper being used in the new chips is improving demand. Logic tells me the chips don't use enough copper to increase copper demand. Any thoughts on that?
NW



To: Mao II who wrote (8277)12/4/2000 12:28:16 PM
From: Night Writer  Respond to of 12662
 
M2,
I dont think there is a real benchmark for copper, per se, and the problem with using mining indexes is that the presence of gold skews the whole thing artificially.

I agree on gold skewing the index. That was why I was looking for a better bench mark. Maybe, I should look for a commodity price.
NW


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