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STOCKTALK

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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (264825)	10/27/2003 3:23:30 PM
From: orkrious	Read Replies (1) \| Respond to of 436258

it's OK to think longer term 'cause we know how the story's gonna end. yeah, but will it be in the long run according to keynes (dead) or the long run according to ork and patron? <g>

To: patron_anejo_por_favor who wrote (264825)	10/27/2003 6:29:40 PM
From: Pacing The Cage	Read Replies (1) \| Respond to of 436258

"The Rand can't keep going up forever, can it?<G> As I've said before, the flipside of the Rand's strength is that our invested assets over there (ie, the companies "book value" in ClownBux increases as the Rand increases). Although it puts a short term hitch in EPS, you're invested assets (ie, their reserves) continue to appreciate with the dollar's ongoing devaluation. Short term bad, long term good. With gold, it's OK to think longer term 'cause we know how the story's gonna end. " Careful...... That logic could be applied to DROOpY too!