loss ratio FUCTOR of 26.7... hmm? =)
>From: "Michael Lupynec" <mlupynec@globalserve.net>
>Reply-To: "Michael Lupynec" <mlupynec@globalserve.net>
>To: "Spridgets" <spridgets@autox.team.net>
>Subject: Re: Bad move (Some LBC and BBA)
>Date: Mon, 5 Jun 2000 13:41:12 -0400
>
>Hmmm, let's see - assuming the Spitfires were in reasonable
>condition today that's about 2 million. An early Jag (outside
>bonnet locks, separate bonnet louvers), let's give that 75K max.
>
>2 mil minus 75K divided by 75K equals a loss ratio fuctor of 26.7
>
>Not counting storage and care and feeding the Spits this is almost
>as bad as the Ferrari California Spyder my friend Ted turned down
>for 30K in the late eighties - and the vendor called back several
>times, begging to be unloaded.
>
>Mike L.
>
>60A,67E,59Bug
>
>
>----- Original Message -----
>From: rob thomas <rob@thomasr.greatxscape.net>
>To: spridgets <spridgets@autox.team.net>
>Sent: June 3, 2000 6:52 AM
>Subject: Bad move (Some LBC and BBA)
>
>
> > Flew to Greece last night (and back) with a Captain who managed
>to get on
> > the waiting list for the E-type Jag when it first came out.
>He'd had it 2
> > years and hit the front end once but it was still a valuable
>commodity.
> > Somebody offered him a swap....
> >
> > "Your E-type for my Mk9 and Mk14 Supermarine Spitfires up at
>Fairoaks
> > Airport?"
> >
> > "No thanks!"
> >
> > Now, that WAS a bad move.
> >
> >
>
>
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