Arabbit.246 net.misc utzoo!decvax!duke!chico!harpo!npois!rabbit!ark Fri Feb 19 11:50:24 1982 Re: This is not a chain letter I obviously got the arithmetic wrong. This actually happened when there were still $25 bonds and they cost $18.75, and I did the revisions wrong. The correct analogy is this: I sell you the letter for $50, then you buy two $50 bonds for $25 each and sell two copies of the letter for $50 each. Now you really ARE even. Incidentally, the person to whom this happened is not an invention -- this is a real individual with whom I really did work at one time.