SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: robnhood who wrote (28110)9/16/1998 10:47:00 PM
From: Elllk  Read Replies (2) | Respond to of 94695
 
Russell

Interesting article. I notice they point out that the losses are currently unrealized and could be re-couped. They don't point out that as a result they could also get worse. <g>

Larry



To: robnhood who wrote (28110)9/17/1998 12:35:00 AM
From: Monty Lenard  Read Replies (1) | Respond to of 94695
 
Hi rrman, This is the statement that had me on the floor rolling.

''The thing to keep in mind is that we're not alone in this. You've seen a lot of the banks take exactly this same kind of trading loss,'' said Lynne Kilpatrick, director of financial communications with Bank of Montreal."

Misery loves company. Its ok because everyone else did the same thing. :-)

We will find out that ours are in the same shape in the US. Wouldn't it be nice to have someone pickup our trading losses.

Monty