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To: Andrew Vargas who wrote (1570)10/21/1997 9:47:00 PM
From: Ian@SI  Respond to of 3696
 
Andrew,

I liked ASMLF as a company but decided not to buy it in the high teens about 1 1/2 years ago because it was a Dutch company and I knew nothing about doing business there, accounting standards there, what protection to investors might or might not be available, etc. There were so many other great buying opportunities at that time that I decided not to take these particular foreign risks.
I'm not particularly proud of my logic or the resulting decision given today's reality.

Ian.