FREEPORT-McMORAN COPPER AND GOLD (FCX $24.86, Target Price REDUCED to $75 down from $117, OVERWEIGHT Rating maintained); AFTER TAX BREAKEVEN VARIABLE NEAR $1.70-$2.00 COPPER PRICES 10/27/2008

FREEPORT-McMORAN COPPER AND GOLD (FCX $24.86, Target Price
REDUCED to $75 down from $117, OVERWEIGHT Rating maintained); AFTER
TAX BREAKEVEN VARIABLE NEAR $1.70-$2.00 COPPER PRICES 10/27/2008