Prudent Bear Fund (BEARX): contrarian investing Message Board

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Pastimes : Prudent Bear Fund (BEARX): contrarian investing

BEARX 4.080

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Nov 6 4:00 PM EST

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To: Tommaso who wrote (514)	1/3/1999 2:32:00 PM
From: Bonnie Bear	of 793

Tommaso: I more I dig, the more I weep.. Goldman Sachs has a whole array of warrant products in Europe, not available to U.S. Citizens...it's like a Monte Carlo casino..based in Germany.. they only deal with the biggest names on the indexes, interest rates, commodity basket and indexes...the leverage from the warrants trading is just fantastic..they're set up for some relatively tiny companies on European bourses so the hot money may move to Europe and play the casino there. The Swiss should be afraid, very afraid.

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