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To: ild who wrote (41926)11/22/2003 6:08:22 PM
From: rz  Respond to of 74559
 
I am sure they mean that they will not engage in any NEW hedges. The following is a quote of ABX spokesman courtesy of Dow Jones wire: "I think we will continue to make significant progress in reducing the hedgebook going forward, just as we have in the last year, of reducing it by more than a third,"