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To: bob s who wrote (17972)	11/29/1999 2:53:00 PM
From: Cynic 2005	Read Replies (2) of 18056

Bob, didn't mean to ignore your post. I first wanted to gather some info before I responded and then it went to the back burner. My apologies. I don't know about Indian CEFs. The US momentum bug caught in INdian markets. Only tech stocks seem to be going up. I don't know the exposure of these CEFs to techs. However, unlike US where the real tragedies in stock market speculation were in early 70s, in India memories of early 90's debacle are still fresh in many minds. Hard to tell if the bubble pops in US it will affect India very adversely. But I expect it to effect atleast the tech sector. Take it FWIW.

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