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Gold/Mining/Energy : Cross Lake Minerals CRN -- Ignore unavailable to you. Want to Upgrade?

To: geoff s. who wrote (1032)	1/1/1998 2:40:00 AM
From: Zardoz	Read Replies (1) \| Respond to of 3650

"This Asia thing is a lot worse than what we are being told." Did you catch the report on CNBC about 5pm EST when they where talking about commodity derivatives. They mentioned that after the SUMATOMO {sp} copper crunch, that banks wrote billions in copper & other commodity derivatives, figuring that commodities had based{they wrote puts}. Now with the recent ASIAN disaster it was stated that US banks could face a TREMENDOUS loss.