91.   When the stock market crashed, the asset value of those shares came down, creating a deficit.

92.   What the IDCI can do is bring the macro and micro situations much closer in line, thereby avoid a massive destruction of asset values.

93.   Hearn said more abnormal losses were likely, but he hoped they would be smaller and related to efforts to build the business rather than write-downs in asset values.

94.   Bank stocks are also likely to be undermined by liquidation of cross-shareholdings and the continued decline in asset values.

95.   Dealers said that Gemina had been stripped of much of its asset value and now represented financial holdings.

96.   The rise in operating expenses was driven by depreciating asset values, maintenance and miscellaneous costs.