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To: d:oug who wrote (6855)	12/15/1998 5:30:00 AM
From: d:oug	Respond to of 11603

Some not so short reading, from MGR thread. Message 6838235 Message 6838269 Message 6838272 ( types of stuff in above, is showned below ) GOLD MINING TAKEOVERS IN THE NEWS: Nearly all of the classic textbook elements are in place for a rise in precious metals prices and a sharp decline in the stock market: The current outlook for gold mining shares is SIGNIFICANTLY BULLISH due to the following factors, in order of importance: Due to the sustained surge in insider buying by gold mining corporate executives, this indicator is SIGNIFICANTLY BULLISH. GOLD FORECAST: In the year 2000 it will make a brief euphoric peak just above $500 per ounce, ......carries gold to a level between $1000 and $2000 per ounce. Currently there is no incentive for the government to prop up the stock and bond markets or to depress the prices of precious metals. In fact, the U.S. government would like the financial markets to perform poorly now, .............. ROBERT RUBIN REDUX: There have been so many tributes to Robert Rubin's performance as Secretary of the Treasury that it is necessary to submit an opposing view, if only for balance. Consider what would have happened had Mr. Rubin decided to stay at Goldman Sachs: THE BULL MARKET HAS ENDED The technical deterioration of the U.S. stock market is now complete, with the divergence between small stocks and their large-cap brethren showing their greatest disparity since the "Nifty Fifty" behavior of 1973, just before the worst bear market since the Depression. The number of new .......... P/E ratio which is 50% higher than at the inflated 1973 peak, suggesting that these large-cap beloved brand names are almost certain to lose about 90% of their value over the next decade after adjusting for inflation. With a ALL OVER AGAIN In the 1929-1932 stock market collapse, one of the primary reasons for the ............ I have reduced my official Dow bottom target from 2000 to 1500. The greatest point drop should occur in 1999 and early 2000 as We have seen the Goldilocks economy, but the full title of the story is " Goldilocks and the Three Bears". Just as in the children's tale, the next character to appear is Baby Bear; i.e., a Dow drop of about 25% from the peak to some level below 7000. Wake up, slumbering baby boomers--Baby Bear is here, and Mama Bear is waiting in the wings for her grand entrance.

To: d:oug who wrote (6855)	12/15/1998 10:19:00 AM
From: R F B, Jr.	Read Replies (1) \| Respond to of 11603

Doug : The reason for posting the link to the news item on Getchell was their 2 mines and 50 sqm of property in Neveda. The stock swap deal between Getchell & Placer Dome would give holders of Getchell 2.45 shares of Placer for each share of Getchell they owned. Deal originally valued Getchell at $34/share which has now been lowered as PDG has dropped in value since the annoucement. Believe you know the answers to the other questions you posed in your post. RFB