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To: DAVID C. DeANGELIS who wrote (6715)9/25/1998 10:00:00 AM
From: Doo  Read Replies (1) | Respond to of 7054
 
Fine, but WHO are they? Bucket shop, shill or legit (and I proffer this last term advisedly, in that it's an oxymoron)?



To: DAVID C. DeANGELIS who wrote (6715)9/26/1998 9:44:00 AM
From: John Chew  Read Replies (1) | Respond to of 7054
 
I will put on a report on Actrade Capital. Sales for Forfaiting
are lumpy (big sales/timing). Forefaiting fills a 12 month financing tool between open account and letters of credit. The real future for "forfaiting" division is NOT forfaiting. In fact, the name will be changed. The future will be TADs that can be cleared similar to the way they are in the US, but in foreign countries. Perhaps, a dual currency TAD.

My focus is on the returns to capital in CAPITAL.