Seasonal greetings and best wishes for a happy and prosperous new year!

Les.

Dr. Les Clewlow
Visiting Research Fellow, School of Finance and Economics, University of
Technology, Sydney, Australia.
Associate Research Fellow, Financial Options Research Centre, Warwick
Business School, Coventry, UK, CV4 7AL.
Director, Lacima Group Ltd. 55 Skylines Village, Limeharbour, London, E14
9TS, UK. Phn: +44 (0)171 531 9628, Fax: +44 (0)171 538 5781
WWW:   http://www.lacimagroup.com