correction, page-22

FXR promised the earth, still haven't delivered anything and will continue to slip`until market regains a confidence again- We all know that by now..... I still think there is a high level of risk as i don't think they have the ability to operate as an efficient company. If the end of year doesn't come up with the goods expect sub 50s, but why would you hang when there is just simply better value elsewhere in companies that can turn a profit. I was a longterm holder of FXR and as painful as it was to see it go from 2 to 1.25 almost overnight selling was the right thing to sdo at the time and i'll watch from the sidelines