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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (6520)	4/1/1999 1:01:00 AM
From: Walter in HK	Read Replies (1) of 78747

CTZ Paul I think a good one - Thanks for post. One can not tell from the 10K what type of securities the subs hold, this is just one Consol Bal Sheet. Did you find anything anywhere ? The CEO is a former Bus School Dean, may be good but "no assurance". Often spin-offs do well, out from under the stifling parent. Interest rate swaps - I don't know why they do that. The banks make the money and they can get burned. Basically a Bond fund with 15 % discount, unrealized gains 80 M ? Do you know why they went down a few weeks ago ? Wish I had seen it earlier. Will check your posts Walter in HK

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