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Gold/Mining/Energy : Golden Eagle Int. (MYNG) -- Ignore unavailable to you. Want to Upgrade?

To: Mike P. who wrote (6798)	6/26/1998 1:16:00 AM
From: Jim Bishop	Respond to of 34075

"Irrational exuberence" I love that, it is poetry to my ears, and is just what I've been trying to get across to everyone for months. Good post!

To: Mike P. who wrote (6798)	6/26/1998 1:22:00 AM
From: C Hudson	Read Replies (3) \| Respond to of 34075

If you took $1.60 as the amount of profit/share, aren't we forgetting the P/E ratio? A modest one might be 10 which would make the stock worth $16.00. In other words, the stock sells at a certain multiple over earnings. I'm not good with all these calculations but if we're going to play "let's make a stock price" you must figure in a price/earnings ratio.

To: Mike P. who wrote (6798)	6/26/1998 1:37:00 AM
From: Probart	Read Replies (3) \| Respond to of 34075

Lets not forget that there is a human side to this as well. There are reputations to be made or lost. People in this have lives, jobs and families. Think about the uniqueness of some of the people involved in this, and think what they are placing at risk. Put yourself in any of their shoes and see just what bold statements have been made and what it takes to make such a statement on the turf of the SEC. I try to believe that most people are honest and most intend good. If this is half as big as the claims made, think, of the changes that will take place in the Cangalli area in Bolivia. Think of the royalties to be paid to United Cangalli. What of the changes that will take place there? Put yourself self in the shoes of a Bolivian national and try and picture the headline "Bolivian gold find a fake!" Yes sir, the way I see it there is a lot at stake here, more than most would care to think about. People's very destiny will be determined here. I will take $1.00 per share any day, that will give me a very tidy profit indeed. Regards, Probart