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To: long-gone who wrote (66457)3/23/2001 10:12:51 AM
From: lorne  Read Replies (3) | Respond to of 116764
 
AngloGold , Mintek to research gold as pollutant cleaner

South Africa is at the forefront of a pioneering global research project that is probing the industrial uses for gold, most notably in the area of gold's application as a catalyst.
Full story >>>
business.iafrica.com



To: long-gone who wrote (66457)3/23/2001 1:05:56 PM
From: Alex  Read Replies (1) | Respond to of 116764
 
<<Principally, though, the strategists argue that prospects for equities are much brighter than they seem.

For instance, concluding stocks are overvalued by comparing their current price-earnings multiples to those of previous bear markets is ``naive,'' according to UBS Warburg's Kerschner, the number one-rated Wall Street strategist.

True, multiples are higher, but they deserve to be. Both interest rates and bond yields are lower now than they were during 1987, when the S&P 500 last entered a bear market, or 1990, when the index came close, Kerschner wrote in a March 18 note to clients.>>

biz.yahoo.com

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Using this logic, the Nikkei should be at 80,000 :-)