RE: Reasonable Worst Case

[James Cooper <james.cooper@socma.com>]

Steve,

I think it is important to consider all evidence when assessing a situation.  In scientific disciplines, we are taught that the difference between sound science and mere conjecture is the ability to set up the same circumstances and obtain a similar result.  In this case, we able to sniff out the frauds; and no amount of money can buy sound science.  Either the results are repeatable, or they are not.  

When it comes to making decisions that can cost millions of dollars to our economy, I think many different factors should be considered.  But I believe the factors should be as factual as possible and not related to how strongly one feels about it.  Too often, people come to meetings expecting their positions to be considered, but do not do any homework prior to the meeting.  This leaves them with an opinion, and how strongly they feel about it.  The people that have the most impact at these meetings are those that gather as many facts as they can, and present them in an objective, straight-forward manner.

Regards,
Jim