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To: GST who wrote (139238)2/13/2002 11:23:13 AM
From: H James Morris  Respond to of 164684
 
>>Australia has sold most all of its production forward for many years.
Australia's gold production costs are lower than most other countries. Their advantage is open strip mining vs digging deep down in the ground.
Not all Aussie gold mining companies are hedged.



To: GST who wrote (139238)2/13/2002 11:32:05 AM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Gst, who told us telecom growth was an unstoppable tornado a few years ago?
>>Shares of telecom equipment makers led major indexes to their first loss in three sessions Tuesday after Nortel Networks said its customers scaled back purchases in the last month.

Lucent Technologies, Qualcomm and Ciena dropped with Nortel amid concern that businesses may be reluctant to invest in technology even as the economy recovers.

"We're not getting the reinforcement from corporate America that we need," said Jeff Swensen, a trader at John Hancock Advisers Inc
latimes.com