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Non-Tech : HIDDEN VALUE STOCKS -- Ignore unavailable to you. Want to Upgrade?

To: Herc who wrote (18)6/30/2001 7:52:02 PM
From: baystock  Read Replies (1) | Respond to of 47
 
<So FCX has recoverable reserves of copper, gold and silver of $235.81/share after debt and lifting costs. And it's trading for less than $9.

Go figure! >

This is not necessarily irrational as you imply. A dollar in cashflow 30 years from now is not worth a dollar today. Future cashflows need to be discounted for the time value of money and for risk.


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