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To: Oblomov who wrote (130645)10/23/2001 8:48:11 AM
From: Tommaso  Read Replies (2) | Respond to of 436258
 
They expire February 28. Still too close for me. At this morning's quote on the euro, the intrinsic value of the warrant has dropped close to $1.00, and another two cents down on the euro makes it intrinsically worthless.

There was a story on public radio news this morning that my wife caught, describing a kind of buying or spending panic in France as bundles of "Curies", the 500-franc note with Marie Curie on it, come out of the woodwork, literally. Maybe a lot of older currency is getting exchanged for dollars instead of euros. The report said people were buying appliances (expensive ones) and antiques. I didn't hear it myself.

Maybe if the dollar runs out of steam some of this will go into gold.

All speculation on my part. But there might be some strange monetary events and behavior in the next few months, what with the changeover to the euro and the "war."