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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: vampire who wrote (81201)6/19/2002 9:11:18 AM
From: Zeev Hed  Read Replies (3) | Respond to of 99280
 
They can always keep delivering gold from the mine, and the assumption is that at their hedge point, the production of gold was profitable. Typically, the leasing rate is less than rates on treasuries, so they make money on the cash received for their shorts, or they can use the cash for expansion, or they can cover some of their positions when the market swing their way. I have no idea why they go to such hedging rates.

Zeev



To: vampire who wrote (81201)6/19/2002 9:24:16 AM
From: samim anbarcioglu  Read Replies (1) | Respond to of 99280
 
<<We've had ORCL saying they aint meeting next Q>>
They did not say that.. Don't fool yourself it'd not good for you. Here is what they said:

Henley also said the company sees "marginal single-digit revenue growth" for fiscal 2003.

"Our assumption is that there will be positive improvement, primarily in the second half, which will lift the full year," he said.

story.news.yahoo.com


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