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To: TobagoJack who wrote (32744)	5/1/2003 12:07:39 AM
From: energyplay	Read Replies (2) \| Respond to of 74559

Stock Exchange seat - Would you need to personally use it ? If you did buy a seat wtih the intention of flipping it, would having a seat for a short time provide you with networking/reputation opportunities which would increase your future consulting income ? How about your reputation outside of Hong Kong ? Could that raise your profile, possibly open more doors in Europe and the US ? Would selling it to the right mainlander also increase your connections ? Also, can you borrow against a percentage of the value of the seat ? The seat may go up to 100k in two months, and you might want to use some of that money to buy gold or something else, while expecting the seat to be worth 300 k in another six months. What are the legal liabilites and any restrictions on your actiivies that come from owning a seat ? Especially, do you have joint liablity wtih everyone else on the exchange for someone elese's behavouir ? I realize that obnoxious lawyers in Hong Kong get wrapped in chains and tossed off the Star Ferry at midnight, but future anti-litter laws may curtail this excellent practice, leading to the threat of future lawsuits.