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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Thomas M. who wrote (14706)	3/8/1998 6:23:00 AM
From: John Hunt	Read Replies (1) \| Respond to of 18056

J.P. Morgan's Risky Business nypostonline.com << It's not just the $587-million hit that the bank holding company has taken in Asia and designated as "nonperforming assets, primarily swaps" in the fourth quarter. >> << "We have a patented land-mine detector in the form of Risk Metrics~," an elaborate computer program that the rocket scientists dreamt up to measure risk. This uses the same probability theory analysis that a serious gambler would employ in estimating his risk / reward ratio, or that a stock options trader would use to hedge his bets. >> I think their program needs a little 'tweaking'. :-)) John