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Gold/Mining/Energy : Noranda (TSE;NOR) -- Ignore unavailable to you. Want to Upgrade?


To: Peter Neidhardt who wrote (103)10/13/1998 2:41:00 PM
From: reid brandon  Respond to of 197
 
I know of no stock that would survive a real crash, but the venerable stocks like GE would of course not go to zero value, as long as the company continues operating. Treasury bills are one way to survive a real crash. Large companies especially those that are diversified are better LT investments in a case of a real crash. Reality is that no one can predict a real crash, you just wake up and find it all went down in a few minutes.



To: Peter Neidhardt who wrote (103)10/17/1998 2:51:00 PM
From: Method  Respond to of 197
 
That PE has a large unusual gain in it from the disposal of NORCEN. It is irrelevant. It is the high net asset value and dividend yield that will keep NOR up in a down market.