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To: d:oug who wrote (79794)	12/4/2001 11:33:14 PM
From: d:oug	Read Replies (1) \| Respond to of 116753

Godsell wants to reduce hedging by AngloGold and Normandy groups.yahoo.com From: GATAComm Date: Wed Dec 5, 2001 3:35 am Dear Friend of GATA and Gold: AngloGold Chairman and CEO Bobby Godsell has told a GATA supporter that his company is reducing its gold hedges and that its acquisition target in Australia, Normandy Mining, is "substantially overhedged." Further, Godsell sees the controversial proposal...

To: d:oug who wrote (79794)	12/5/2001 12:29:21 AM
From: long-gone	Read Replies (1) \| Respond to of 116753

<<Yes very true, but then its possible to fail and exit not as that sausage. It depends if when one enters into this if one has access to a "How hotdogs are made." book.>> Think again, he who throws mud must first dirty his hands, no way around it.

To: d:oug who wrote (79794)	12/5/2001 3:55:37 PM
From: long-gone	Respond to of 116753

AU better watch their reporting: SEC Cautions Companies, Alerts Investors to Potential Dangers of "Pro Forma" Financials FOR IMMEDIATE RELEASE 2001-144 Washington, DC, December 4, 2001 — Today we are issuing cautionary advice that companies and their advisors should consider when releasing "pro forma" financial information. We believe it is appropriate to sound a warning about the presentation of company earnings and operating results on the basis of methodologies other than Generally Accepted Accounting Principles (GAAP). We are also issuing an "Investor Alert" that describes how "pro forma" financials should be analyzed, including a reminder that they should be viewed with appropriate and healthy skepticism. Because "pro forma" financial information by its very nature departs from traditional accounting conventions, its use can make it hard for investors to compare an issuer's financial information with other reporting periods and with other companies. We believe that – with appropriate disclosure – accurate interpretations of and summaries of GAAP financial statements benefit investors. The cautionary advice and investor alert are part of our commitment to improve the quality, timeliness, and accessibility of publicly available financial information. The Investor Alert on "pro forma" financials and the Commission's release on cautionary advice on the use of "pro forma" financial information can be accessed on the SEC's Website at www.sec.gov and then clicking on "SEC Issues Caution, Alert on Pro Forma Financials." sec.gov