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To: vampire who wrote (13596)	12/25/1999 5:20:00 PM
From: Dale Baker	Read Replies (1) of 118717

USPIX is a mutual fund still open to new investors (since who held them the past year is now broke). I was wondering myself how they handle the approach to zero...is it a sliding curve where a 20% drop from 4 is .80 and another 20% from 3 is only .60 or could it literally go to zero if they blow their capital on puts and shorts? Curious question. I won't buy until I find out.

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