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Gold/Mining/Energy : JAB International (JABI) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Kim who wrote (928)	11/7/1997 12:44:00 AM
From: Charger	Respond to of 4571

Paul -guesses as to what price the stock may go to are, of course, guesses. But it has been interesting to me to see the various calculations based on the recent newsletter from Cambridge Research where they state a "minimal production of 200,000 oz. of AU within 3-4 years". One person calculated the earnings on that to equal a stock value of $60 per share. Another person calculated the value based upon the price of gold less production to be $8 per share. These calculations are far beyond me to understand, especially when they are so discrepant. Looking at the history of other similar stocks, as the newsletter says, they "pulsated from 25 cents to $35". Then there are the variables of the economy, the world market, the fed, etc. etc. all of which could make BCMD a "safe haven".