Hi Mark,
No, I have to confess that I have not read Dan's book yet. Thanks for pointing out to that reference, I will check it out.
I have actually never really devoted too much time to checking to what extend such conversion did cause an actual loss. I was just sort of re-stating what other people have been saying, but I completely agree with you that it would make more sense to form an opinion based on facts.
Thanks anyway.
Regards,
Bernard