@houtheman,
genreral market. I think the earnings will be pretty well in a range between US$ 5 Million to US$ 6 Million with net income of US$ 3 Million to US$ 3,5 Million.
Except some specialized banks like the Hypo Real estate there are no banks that are effected so much from the US property crisis here in Germany. What you have to know is that around 60 percent of all deposits of the germans are held by the so called Sparkassen, Genossenschafts- and Raiffeisenbanken which were not engaged in the US property market nor have any connections to such banks like the Hypo Real Estate which was in this market. And they are the biggest credit crantors for enterprises and the normal people too with around 60 percent of all credits giving by these credit institutes. There are some countries in Europe like Spain or Great Britain which also had a bubble of the property bubble but in most of the countries no such things. The asian market and their banks too. Little connections and engagements in the real estate markets in the US. What I want to say is that with the latest efforts of the FED to stabilize the short-term debt market in the US we have a really good chance to find a bottom in the global makets here where we can newly start from. And as always after such crises the cards will be newly riffled and there will be winner and loosers after that. And I think ALIF will become a big winner after all turned out. We will be back to the 2 Dollar level as faster as you can count three.