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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: jeffbas who wrote (2860)12/22/1997 9:00:00 PM
From: Jyoti sharma  Read Replies (2) | Respond to of 78670
 
To Jeffery and all

Anyone has any ideas what Copper prices will be next year. AR is selling at a multi year low and half of its book value of $ 42 with over $10 of cash on hand. AR is also buying back its
stock. Copper may be a better play than gold if US market tanks next year. However if deflation comes or the economy turns down AR will become cheaper. See AR CEO's discussion of its prospects.

biz.yahoo.com

Jyoti