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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: long-gone who wrote (23798)	12/3/1998 7:13:00 PM
From: Alex	Read Replies (1) \| Respond to of 116764

11/30/98 - DALLAS GOLD & SILVER EXCHANGE, INC. REPORTS EARLY HOLIDAY SEASON REVENUES UP BY 61 PERCENT OVER FISCAL 1997 EQUIVALENT PERIOD; INTERNET Activity Enjoys <Picture> Over 500 Percent Revenue Increase DALLAS, Nov. 30 /PRNewswire/ -- Dallas Gold & Silver Exchange, Inc. (Amex: DLS) announced that the first weekend of the holiday season showed record traffic and results in its Superstore in Dallas, Texas. Sales grew by over 61 percent. During the third quarter the company increased its selling space in its Dallas facility by over 30 percent. The sales growth represents a continuation and acceleration of the 30 percent revenue expansion experienced by the company for the first nine months of the current fiscal year and further affirms the company"s business model of integrating internet e-commerce with its physical presence in its primary markets. Dallas Gold & Silver"s web site has grown from one auction of jewelry items per week during early 1998 to its current schedule of auctions closing every day. The company has been successful in using its internet site at www.dgse.com to generate both independent revenues and profits at the site but also to serve as a traffic generator at its Dallas location. The company completed a significant remodel of its internet site in the third quarter of 1998 allowing greater functionality and significantly expanded choice for the consumer. The site now includes a fully functional auction, a live trading floor as well as a complete virtual store. Dallas Gold & Silver Exchange, Inc. is a wholesaler and retailer of jewelry, diamonds, fine watches and precious metals to domestic and international customers through its Superstore in Dallas, Texas and through its live real-time auction on the internet (www.dgse.com). The Company also provides specialized insolvency related merchant banking services to small and medium sized enterprises. Statements about the Company"s future expectations, including future revenues and earnings, and all other statements in the press release other than historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. The Company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company"s actual results could differ materially from expected results. SOURCE Dallas Gold & Silver Exchange, Inc. -0- 11/30/98 /CONTACT: William Oyster, President of Dallas Gold & Silver Exchange, Inc., 800-527-5307/ /Web site: dgse.com (DLS) CO: Dallas Gold & Silver Exchange, Inc. ST: Texas IN: MNG REA SU:

To: long-gone who wrote (23798)	12/4/1998 1:32:00 AM
From: Rarebird	Read Replies (1) \| Respond to of 116764

< Just wondering someone else's take on the stock performance today (and recent) of the bigger mining companies? > I basically only follow ABX, NEM, & HM closely. There has been a tremendous amount of tax loss selling here. ABX and NEM felt the brunt of it today. HM saw some very large blocks ( I saw two in the last 5 minutes of trading: 75K and 108K ) support the shares. Moreover, Gold is under tremendous pressure as a result of the CRB and the price of oil. There is so much despair in commodity land these days that even a nice fall in the dollar along with interest cuts in Europe can do nothing for the yellow metal! Investors and traders are in great despair over attempts to reinflate the global economy. I see continued pressure over the next couple of weeks, with a possible retest of the 44 level on the XAU. To be sure, Gold is a " perceived value." Fears and Uncertainty abound about possible Central Bank Selling as the Euro gets launched January 1. I'm a value player, not a Gold Bug. I've been accumulating many shares of the bigger mining companies lately ( including today ). There is no value in the stock market anymore. The banks, brokerages, many hedge funds and many Americans are way over leveraged. The situation in Brazil and the rest of Latin America will blow up like Asia in 1999. GDP Growth is intricately tied to the stock market rising. In my view, the "perceived value" of Gold will soar in 1999. Greenspam's band aid approach temporarily took the stake out of the S@P. No band aid will help in 1999. Relax and stay cool. I almost lost my mind in 93 when I owned PFE. But I bought more and more. I did the same thing this past spring with MO as the Gov't went on the prowl again. I'm buying all the way down over the next few weeks. When things are darkest and most bleak that is the time to buy! Gold is a big winner in 1999. Be patient.