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To: Dennis G. who wrote (11491)	6/1/1998 5:06:00 PM
From: Beachbumm	Read Replies (1) \| Respond to of 13925

But I guess that's too positive and progress thinking for Singapore. Dennis, obviously the price action is frustrating (though hardly inexplicable given the tone of the Nasdaq) but I will take issue with you regarding Singapore. They have been doing for years what is only now being discussed in the U.S., namely investing the nation's retirement funds in private assets for greater long-term returns. It is by no means a perfect place, but I have been there and can tell you there is negligible crime, no litter, and a remarkable calm in a crowded, polyglot society. When I returned to the U.S. I was quite depressed for weeks. I felt like I had been to a new planet. Beachbumm