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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (73369)	7/13/2001 9:21:03 AM
From: Rarebird	Respond to of 116756

Companies are still saying there's no visibility about when things will Improve. I'm hearing now that we will see an economic turnaround by the first half of next year. The huge spending cuts necessary to balance Argentinia's budget may not be politically feasible, increasing the risk of a debt default. Take note: First Data Corp(FDC) which provides the electronic networks used for most credit card purchases in the United States, on Thursday reported a 13 percent rise in second-quarter earnings, in part on growing global demand for money transfers. The stock was up close to 7%. Ryland Group(RYL) announced that its Board of Directors has authorized the repurchase of an additional 1 million shares of its common stock. RYL is a homebuilder. I'd wait till September to short the homebuilders. PS Outside of DROOY, I never traded or invested in penny stocks. Too risky.