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Dear All:it just hit the Swiss news: The luxury conglomerate Richemont discards 200 jobs in the Swiss watch industry after the profit decreased for about 1/5. Mostly affected will be Geneva, La-Chaud-de-Fond and Villeret.The financial situation of Richemont is recently very often a topic in the Swiss economic periodicals. The purchase of the former LMH watch manufacturers for 3,1 Mrd. $ is a viewed a major reason, especially since it did not ease the dependency on Swatch's ebauches. 'A Hayek would never pay that much money' is a bottom line often heard.Interestingly, neither IWC, Lange & Sohne or JLC seem to be affected with the recent decision.Best regards,Magnus Bosse6/5/03

Today, WorldTempus put on-line. This article (or Chronicle, as WorldTempus calls them) is about . I wrote about Bremont before ( and ), but in this I wonder whether people are going to choose for a Bremont over a watch of one of the established brands. So, is this Bremont ALT1-P for example the new Flieger Chronograph in town?, wearing his Bremont chronograph!