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Technology Stocks : Thermo Electron (TMO)
TMO 569.01+0.5%2:28 PM EST

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To: edwin k. who wrote (158)5/23/1997 11:50:00 AM
From: Andy Goldstein   of 450
 
Edwin,

What do you mean by a 6% sales load? Closed end funds trade over the stock exchange (TMF is on the American Exchange) thus normal trading commissions apply. Closed end funds can trade at a premium or discount to the NAV. I believe that TMF is trading at about a 6% discount to NAV, the discount is listed in Monday's WSJ.
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