just as a precursor ..., page-4

Sounds OK to me too. Grant, as usual, has his idealists, see no danger glasses on. Clearly, for many stocks trading on the market, their share price bears little relation to the value of the company. As markets are always forewards looking the price of the "US Stock" will fluctuate according to market perceptions. Clearly market perceptions are negative in terms of the US econony and hence the value of the dollar will decline.

Good point re dilution...

Chuck