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To: Les H who wrote (110984)	7/1/2001 11:48:44 PM
From: Les H	Respond to of 436258

A price to pay if bubble bursts finance.news.com.au

To: Les H who wrote (110984)	7/2/2001 6:17:05 AM
From: Earlie	Read Replies (5) \| Respond to of 436258

Les: That RMBS article is much appreciated. If you will recall, I wrote several pieces about these rascals (including a couple for Bill Meehan), well before the market saw through their shenanigans. In those posts, I included most of the items covered by the article you posted, including the JEDEC misbehaviour. At the time, I took a bunch of heat for my views from many fund managers, but in the end, good research proved accurate (and profitable). I will be on the road for a week or so doing my usual thing. I will post my observations when I return. Best, Earlie