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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (39226)12/13/1998 11:26:00 AM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
T, There are obviously no guarantees in this area, but every time I have bought DeBeer's under $13 in the past, I've made good money. And that is since the 1970s.

MB



To: Tommaso who wrote (39226)12/13/1998 1:41:00 PM
From: Lucretius  Respond to of 132070
 
DBRSY:
keep in mind that those earnings are likely to fall and the dividend likely to be cut by about 50%. If countries do not impose capital controls to combat the coming problems, I find it hard to believe that diamonds will do that well as the world economy slows. I agree that there is value in this company at these prices even assuming a world recession w/ no capital controls and own some myself, but just keep the above in mind when you buy. :)

-Lucretius


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