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Gold/Mining/Energy : De Beers: DBRSY -- Ignore unavailable to you. Want to Upgrade?

To: Cage Rattler who wrote (22)	9/25/1998 3:11:00 PM
From: Chas.	Read Replies (1) \| Respond to of 87

Hey Ted.... Not sure of what you're trying to say.......do you think Oil is artificially priced, Gold, do you think everything always trades at its real value.....?? DeBeers controlling the price of diamonds thru its cartel is no secret and never has been........if you trade in diamonds, diamond stocks, etc then it's great, eh......the diamond market is no more vulnerable to African(Thai. cut) diamonds than oil supply is to a glut or a phoney shortage.....price goes up or down a little and then gravitates back to it designed norm. Debeers Co portion of their business dependant on diamonds is approx 25% if I'm not mistaken....might be a little lower.......I suggest to you that Debeers stock at todays price is a real value............