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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Lars who wrote (1398)	10/6/1998 10:08:00 AM
From: Lars	Read Replies (1) \| Respond to of 15132

* WSJ Money & Investing 10/6/98 Tuesday * Stock market indexes and % decline from peaks: DJIA -17.26% S&P 500 -16.70% Nasdaq Comp -23.71% Russell 2000 -31.46% DJ World (exc. US) -24.72% The bears are everywhere. "Confidence is eroding as we speak" said Henry Herrmann Chief Investment Officer at Waddell & Reed in an interview with the WSJ. Personal comment: Keep it coming. I love this kind of bearish talk esp. as we test the range of the benchmark low. Also, LTC parnters personally borrowed a total of nearly $43 million to make equity investments in the hedge fund. Lawrence Hilibrand and Hans Hufschmid, formerly of Salomon Brothers fame, borrowed $24 million and $14.6 million respectively. LTC declined comment on this situation.