Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (1713)	10/9/2003 10:47:44 AM
From: Frederick Langford	Read Replies (2) \| Respond to of 108703

Looking at pullback on FCX, could it be a buying op? Any thoughts about a good entry point? Reason for FCX downgrade. 10:09 ET FCX cut to Neutral from Buy at Merrill Lynch (34.00 -3.40) The downgrade follows news of a slippage of material in a section of its Grasberg open pit mine that killed two employees. a slippage of material in a section of its Grasberg open pit mine. While firm expects great Q3 results, believes full yr estimates may be at risk, as the co, when it starts reproduction, will be mining lower grade material. Fred