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To: William JH who wrote (13578)6/20/1998 4:04:00 PM
From: IngotWeTrust  Read Replies (3) | Respond to of 116796
 
Sounds that way. But remember, the new-fangled, price protection forward contract languaging currently be employed by the biggies, and I categorize the HM bunch as a biggie player.

Maybe there are other reasons for lifting the hedge. But I'll take what encouragement I can get(g)

Thx for heads-up.
O/49r



To: William JH who wrote (13578)6/20/1998 5:56:00 PM
From: Stephen O  Read Replies (2) | Respond to of 116796
 
The aanswer is obvious. Homestake does not use forward selling therefore when buying a company that has, then it must unwind the hedge position. That's the reason, pure and simple.


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