Ideosphere Forum

fx-discuss: Re: if-discuss: Digital Cash?

Author: Dave Steele
Conversation: if-discuss: Digital Cash? ( prev | next ) reply!
Topic: fx-discuss ( prev | next )
Followed-Up-By: Neal Gafter's post
Date: Mon Jul 22, 1996 01:48 pm
Chris Hibbert
Dave Steele
Neal Gafter



>Neal Gafter wrote:
>>> I'm planning to submit the British Mondex system, not the US version
>>> of it. The US and British versions differ on these details.
>
>Neal, my info comes from a talk Tim Jones, the head of Mondex, gave at
>Sun. He seemed to be talking about the design of Mondex, not a
>differing US implementation. Can you tell me where to look for
>information on the difference between the two?
>
>Chris

Neal sounds confident that Cash will soon be worth 100 due to undisclosed
information. Yet he is currently offering to sell 400 shares in the
40-range. He is offering to buy only 100 in the 20-range. Sounds like net
bearish behavior.

I reduced the size of my negative holdings in Cash by selling (really
buying) shares to him in two transactions. If he holds a positive balance,
those transactions should have reduced the number of shares outstanding.
They didn't. So, unless I am missing something, he is short on Cash (no pun
intended).

I'm looking forward to the post-mortem on this one.

-----
Dave Steele daves@xetron.com
Xetron Corp.
460 W. Crescentville Road
Cincinnati, Ohio 45246
http://www.xetron.com/


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