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Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?

To: Factfinder who wrote (3086)	4/25/1999 2:40:00 AM
From: Factfinder	Respond to of 7235

A bit of news from South Africa Mail and Guardian mg.co.za or mg.co.za

To: Factfinder who wrote (3086)	4/25/1999 8:17:00 AM
From: maxed	Read Replies (1) \| Respond to of 7235

Hi. Factfinder. Do you know for sure that the funds are indeed bailing out or is this just your opinion. Some people were doing some panic selling friday but with the average size of the trades it was probably more because of margin calls as some have suggested here. Green line precious metals fund owned 95,000 shares on Dec 31, 1997 for an average cost of $8.25 per share. On Dec 31, 1998 they owned 195,000 for an average cost of $6.28 per share. Instead of selling they are probably looking to buy too average down even more. Another 100,000 shares at $5.00 or below would make their average cost look real good. With the returns these funds have had over the last couple of years I don't think many will be selling stocks with the potential of SUF to take a loss at this time. I suggest they will be doing just the opposite but I have been wrong many a time. Everyone's mood is a little bit down right now but all it will take is a little good news from NWT or Brazil or Angola or S.A. or where ever and we will be on our way again. This may not be the bottom but it is still a great opportunity to be adding. This is just my opinion and I do respect others. Eddy