To: Alex who wrote (62793 ) 1/21/2001 1:59:29 AM From: d:oug Read Replies (1) | Respond to of 116753 Alex, Your Work Derivative Plan ignited quite a lot of interest. The part that i liked the most was the following, "... questions/concerns/worries can be hedged." Great, as this leaves in the dust the old fashion types of hedging done initially by those to help the real hard working people like farmers that can lose months of labor in a single day or in the period after planting. But then i'm not sure if hedging helps a farmer that produces no crops. Funny, as i sit here waiting for my brain signals to get their act together and deliver to my awareness more details about a farmer getting a price ahead of time for crops he will sell after the next planting season, i wait and i'm waiting and it seems that no more info is available for i to receive on this topic. But i know that i do have more recorded, as i remember reading stuff. But nope, nothing. Like waiting for those cows to come home. Wait, i know whats what here. Yes i got info about hedging and derivates, but it was put into that place in my brain reserved for "Mankind, gone out of control into WackoLand." Imagine a hundred years ago, or whenever America usa was settled, the time folks went west in covered wagons and what one created and accomplished was what one created and accomplished. The above last 2 lines, and... was... no free lunch no life insurance policy no one saying "For a fee i will protect your work output." Now, we have bon-ron & GooZoonTight telling us that there are folks skilled in government methods and folks skilled in mathmatical paper creation such that the skills and hard work and facing dangers type people that build the usa into a world power are old fashion and replaced with Technology and World Powers that Be in banking & finance. Oops, forgot to mention above the BirdZoneLand that has a door into the DumbZone so that these folks can remind us that only they understand what we think we understand, but we really do not. hedge your fears away, and for a fee someone will accept your risks and this someone will then hedge the risks he obtained from you as he hedges them to another and on and on and eventually in the end one person will carry the weight of all the risks of planet Earth and he will look up into the sky and with a simply nod from his head he will cause the sky to fall. doug