We present a detailed analysis of the QCD partition function in the Grand
Canonical formalism. Using the fugacity expansion we find evidence for
numerical instabilities in the standard evaluation of its coefficients. We
discuss the origin of this problem and propose an issue to it. The correct
analysis shows no evidence for a discontinuity in the baryonic density in the
strong coupling limit. The moderate optimism that was inspired by the Grand
Canonical Partition Function calculations in the last years has to be
considered ill-founded.Comment: 9 pages, 6 Postscript figures; some comments adde
