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Gold/Mining/Energy : First Austrailia Prime-Outstanding Income Opportunity
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To: Bruce W. Shier who wrote (1)1/23/2000 3:03:00 AM
From: ddcox1  Read Replies (1) of 6
 
Bruce:

I think the reason it is selling off is simply a lack of liquidity. There are a lot of units out there and not too many potential buyers out there. There is nothing wrong fundamentally with this fund. What was an outstanding buy before, is an absolutely outrageously fabulous buy now. When interest rates start to fall later this year, the NAV will move rapidly up. Buyers will be flocking to buy the fund. I have no intention of selling. Its only a short turn dip in the road and I know ill be rewarded in the long run.
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