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Gold/Mining/Energy : Royal Oak-RYO -- Ignore unavailable to you. Want to Upgrade?

To: Michael Bidder who wrote (1457)	10/29/1998 1:53:00 AM
From: Elizabeth Andrews	Read Replies (1) \| Respond to of 1706

Thank you Michael, that's the best waffle I've ever had.

To: Michael Bidder who wrote (1457)	10/29/1998 12:23:00 PM
From: Michael Bidder	Respond to of 1706

<<Royal Oak is by no means a short at this price. I realize that. However with the an encumbrance of 1/2 billion at a high rate of interest and ZERO earnings I find only one outcome.>> I mean for the average investor with no courage. I am not average and I am short. So I am not waffling at all. P.S. anyone who is long should check the train schedule. When the 3rd Q hits everyone will be doing "back of the envelope" calculations and the obvious will become more so. Regards, Michael Bidder