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Technology Stocks : Unisys: Computer Solutions and Services Worldwide

UIS 2.820

+0.4%

Dec 5 9:30 AM EST

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To: 91fxrs who wrote (2507)	10/21/1999 10:46:00 PM
From: The Duke of URL©	of 2818

Excellent question and I am going to guess, in the hopes that the answer might be augmented. All the large, old funds have mostly a fiscal year of October 31, or maybe even September 30. In order that the fund had the time (pre wide spread computer use) to calculate the k-1 in advance of the investor calendar year, Dec 31. Any fund formed after 1986 probably has to have a Dec 31 fiscal (calendar) year. IF this is correct then the October Fest that we are treated to is as a result of funds selling their loosers to trigger the loss mostly in October.

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