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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Peter V who wrote (14088)	9/25/1998 4:36:00 PM
From: Joey Two-Cents	Read Replies (1) \| Respond to of 18691

Peter V. I purchased gold call on gold futures the symbol for 380's of 5/00 is GCM0. I'm not really sure what exchage it trades on. My account is with Lind-Waldock & Company and I consider these options as disaster insurance. A favorite gold stock is FCX (Freeport) pfd. There's a dividend payable at maturity 2003 or 2006 (depending on issue)the equivalent of 1/10 th oz of gold. Also they pay a qtrly dividend of around based on gold price. FCX also has a convertible issue and silver issue that pays 1/2 oz silver per year starting in 1999. The only draw back is that Freeport is in Indonesia.