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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: bambs who wrote (58136)	2/28/2002 1:20:56 PM
From: JakeStraw	Read Replies (1) \| Respond to of 77397

>>gold isn't even close to a peak...$400 will be seen this year. What makes you believe that? Do you think the global economic situation and unrest will lead investors to gold? Or is the supply and demand situation such?

To: bambs who wrote (58136)	2/28/2002 11:58:58 PM
From: Tom D	Read Replies (2) \| Respond to of 77397

Yeah, Bambs, why are you bullish on gold? There are pretty widespread forecasts of an economic recovery in H2 2002, and it looks like the recession is milder that most feared it would be. You were right about CSCO, and you were right about the swoon of the NASDAQ. So when you say something outlandish like gold going to $400, you start me worrying. The only negatives I see are the inflationary impact of the 10 year tax cut on long term interest rates, and the likelihood of some sort of additional terrorist activities. I would expect these to be outweighed by a recovering U.S. economy, over $2T in cash on the sidelines, and modest inflation. Please explain. Thanks, Tom

To: bambs who wrote (58136)	3/4/2002 12:56:55 PM
From: RetiredNow	Read Replies (2) \| Respond to of 77397

Hey Bambs, one friend to another: today may be a glimpse at what will happen to gold as the economy turns around (it's happening now as we speak) and the stock market starts rising this year. HGMCY is at a PE of 80 with a market cap of $1.44 billion on revenues of maybe $457 million USD (at exchange rate of $1 USD to $10.93 South African Rands). Could it be that you are caught up in gold bubble mania? I'm definitely not trying to cut you down given your accurate calls of the past couple years, but I'm just trying to give you fair warning like you tried to do for us a year and a half ago. You might want to think about taking some of your profits off the table. Gold stock prices may very well book decreases this year instead of the further gains you are anticipating. So it may not hurt to hedge your bet. Good luck whatever you do!