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To: Silicon Trader who wrote (697)	1/27/1998 4:51:00 PM
From: george eberting	Read Replies (1) \| Respond to of 7701

<<<<<<Plus no matter what it still takes $1.00 dollar to make four credits. Sorry, but that's not the way it works. First, of course, they don't use U.S. dollars in the machines, nor do they convert U.S. dollars directly into Bolivars. What they do, is pay to play with Bolivars. All those Bolivars are eventually deposited in a Venezuelan bank someplace. At some appropriate time, LYMCA gets their split, and NRAG and Sharp get theirs. But those Bolivars have to be converted to U.S. dollars. And it is at that point in time that the exchange rate can really bite. If on one day the rate is 4 Bolivars to one dollar, that would mean that one Bolivar is worth 25 cents. If the rate changes to 5 to one, then a Bolivar is only worth 20 cents. So the machines have to take in scads more Bolivars to equal the same U.S. dollar equivalent. George E.