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To: Rob S. who wrote (13863)	8/18/1998 1:22:00 AM
From: zax	Respond to of 164684

"net sum game" For a profitless company, the correct term is "zero sum game". Of course, with brokerage fees and bid ask differences, a more accurate term might be a "negative sum game" -- Eric

To: Rob S. who wrote (13863)	8/18/1998 9:17:00 AM
From: Glenn D. Rudolph	Respond to of 164684

*****OT***Europe reacts to Clinton confession United Press International - August 18, 1998 06:27 %INTERNATIONAL %CLINTONPROBE %EUROPE V%UPI P%UPI By United Press International The European media is expressing puzzled bewilderment to President Clinton's televised confession of ''inappropriate'' behavior, but the reporting is sedate. Clinton's short public explanation occurred well into the night in Europe, which is why most European newspapers focused primarily on his closed-door appearance before the grand jury. Today's Times of London bears the headline: ''Clinton gambles everything with confession,'' adding ''Clinton pleads with America for forgiveness.'' In France, during the past few weeks, the newspapers have provided plenty of front page space to Clinton's problems and his encounter with independent counsel Kenneth Starr. Such an interrogation in Europe would never take place. And that is one reason why most Europeans found the situation baffling. On Monday, the prestigious daily Le Monde published a front page cartoon depicting a dazed-looking pair, Bill Clinton and Boris Yeltsin, in their underwear. Clinton asks if Yeltsin had a problem with an intern and Yeltsin answers, ''No,'' his own problem is ''a devaluation.'' There is considerable speculation that both world leaders are now devalued. Also this week, the French women's magazine, Elle, published a full- page cut-out doll depicting former White House intern Monica Lewinsky, whose wardrobe includes Teflon jeans. The magazine called the jeans recommended wear when around Clinton, rather than a dress that easily stains. Former French Culture Minister Jack Lang echoed much of Europe's sentiment that Clinton's Lewinsky problems are affecting other world issues. Lang told French radio, ''The American president's sex organ seems to have become the center of the universe.'' There is also concern that the U.S. media preoccupation with the personal lives of American politicians may spill over into Europe. In Britain, the conservative Sunday Telegraph of Britain published several articles by politicians voicing that worry. A column by opinion maven John O'Sullivan forecast that ''even if Clinton survives, he will be remembered as a dirty joke.'' But Britain's newspaper, The Independent, signaled the need for the public to drop the Lewinsky issue, editorializing, ''We don't want a lame duck president.'' -- Copyright 1998 by United Press International. All rights reserved. --