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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Bob Rudd who wrote (7314)	5/25/1999 11:35:00 AM
From: Bob Rudd	Respond to of 78602

ANGLY now listed as AAUKV Correction to my prior post indicating June 15th as listing date...oops, sorry. News excerpt <<London's indices committee will next review constituents of the FTSE 100 on June 9 and the new-look Anglo -- combining the fromer Anglo America Corp of South Africa and Luxembourg-listed Minorco -- is expected to enter the index on June 21. "It seems to be trading quite well despite the announcement of the sale of more stock...I think the shares will probably spike in the period up to June 21 and underperform thereafter," said David Bird, mining analyst at ABN AMRO>> and <<Anglo shares remain relatively cheap compared to other mining companies, even after a 90 percent jump in the stock in Johannesburg so far this year. Bulls argue that with depressed commodity prices about to turn and Anglo restructuring its business, the company should close the valuation gap on its rivals.>>