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To: Jay Hartzok who wrote (307)	10/27/1998 5:53:00 PM
From: Len Giammetta	Read Replies (1) \| Respond to of 805

<Off Topic> How can anyone explain this? News today... [HM] Homestake reports US$182.2 mln Q3 loss SYDNEY, Oct 27 (Reuters) - Gold miner Homestake Mining Co [HSM] said on Tuesday its net loss in the calendar 1998 third quarter rose to US$182.2 million from a loss of US$155.6 million a year ago. The San Francisco-based company, which has a half share in the Super Pit mine at Kalgoorlie in Western Australia, said the latest loss included a US$165.9 million writedown of the carrying value of assets. Excluding the write-downs, Homestake's 1998 third quarter net loss was US$16.3 million, compared with a net loss of US$10.5 million a year earlier. Market reaction... HM-gold HM 11.94 +1.06 +9.77%