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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (14863)	2/11/2002 1:01:18 PM
From: AC Flyer	Read Replies (1) \| Respond to of 74559

>>You have no idea what you're talking about. At best, it superficially scratched the surface, like most of your rambles.<< OK, Joel. We'll come back to this in 12 months. >>I strongly urge you to give your business degree back to the institution from which it was issued.<< That would be Harvard University. It has crossed my mind at times. What are you so ashamed of that requires you to make a few lame jokes in an otherwise content-less profile?

To: Box-By-The-Riviera™ who wrote (14863)	2/11/2002 2:41:08 PM
From: AC Flyer	Respond to of 74559

The essence of good comedy is ....timing. The funny thing about gold miners is that they like to mine gold. >>Gold futures slip back under $300 By Myra P. Saefong, CBS.MarketWatch.com Last Update: 12:54 PM ET Feb. 11, 2002 Newmont Mining (NEM: news, chart, profile), a component of all three of the indexes, saw its shares ease by $1.19 to trade at $23.81. Analyst Jon Tumazos at Prudential Securities downgraded the stock to "sell" from "hold," and cut his price target to $10 from $21. Tumazos thinks that several of the deposits that Newmont classifies as reserves or resources "appear suspect," and he worries that the company might buy out its partner or invest capital to build large mines that produce no gold at a profit. Meanwhile, he raised his earnings estimates for the company given the recent surge in gold prices. He also lifted his gold price estimate for both 2002 and 2003 to $300 from $270 and $290, respectively. "We attribute the recent increase in investment interest to poor returns on cash, bond and stocks stemming from 1.7-percent short-term rates, lousy corporate earnings, and probably shorter-term accounting anxieties," he said.<<