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To: Jim Burnham who wrote (723)10/6/1998 3:55:00 AM
From: Lutz Moeller  Read Replies (1) | Respond to of 2339
 
Jim,
"We are all bleeding to death" you wrote
Oh Yeah. so do I. Look at my adpt: bought at 40$, now at 8$ with 6,50$ cash per share. The rest of the world seems to think, my little company will leave business soon. Now I have no stock left in the green. I suffer tremendous (paper) losses, and are on margin. I hope I can survive.

But again - it's only money. Think what it would be, to loose an arm or a leg. Money comes back - legs dont! Good luck to all.

We shall have to suffer at least this week so long as IMF and World bank sit together to find something to say. 182 counties shall ideally have to agree, but USA and Britain represent the voting majority. Thats no coincidence, as the IMF is the Bretton Woods follower to stabilize the US$ (not the world!). Remeber all the howling is meant for congress to release money for the IMF.

a silver line: At least Caroso made it in Brazil. That is good for confidence. Leftish da Silva would be much worse.

Regards Lutz