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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (89441)	2/12/2001 1:11:06 PM
From: Dave Feldman	Read Replies (2) of 132070

Mike, I'm a cheapskate, but I'm not a trader. I bought GHS about 7 years ago and have held it (and added to it) ever since. I bought it at a huge discount so even though I'm sorry to see it open-end, it's gratifying to finally capitalize on the 25% or so of discount. I'm not going to swap it for HQH, because HQH is the largest single holding in my portfolio. I used to do a little playing around with inefficiencies in pricing between HQH and HQL, but lately the discount has been superior in HQH, so I bagged the HQL money and put it into HQH. I think I probably have too high of a percentage of my portfolio in biotech, so that even though GHS has a more balanced portfolio of healthcare, this will be a way to ease out. Needless to say, I first heard about GHS and HQH from you. The IRS thanks you for my capital gains.

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