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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: TheBusDriver who wrote (19451)	9/23/2002 1:39:44 PM
From: Roebear	Respond to of 36161

NWayneAgee, No doubt that GM news has an effect, but 17% over four years vs 45% reduction over past two years indicates the reduction itself is running into diminishing returns. Also would expect much of that to be discounted already, as I believe most was after F announced that big write down in its PGM's. Note that the "pgm Price Chaos" remark re fuel cells, which is a new PGM market that's not really here yet, has a cry Wolf smell about it. Also the "plentium and unobtainium" remarks are indicative of the volatility in the PGM metals. Said volatility is one thing I'm counting on, ggg. Well, I'm outta here today before I do any more damage to my vacation cash cushion, lol! Best Regards, Roebear