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Strategies & Market Trends : Group Therapy
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To: E. Graphs who wrote (3500)6/3/2001 12:01:43 AM
From: Wolf 2  Read Replies (1) of 4564
 
E!:

Thanks. Actually, I'm still feeling a bit jetlagged from time to time which is not an altogether bad thing given the market's continuing manicdepressive behaviour.

I see even our O&G picks have swooned a bit. Good thing the monthly distributions keep rolling in. Wow, I will have to readjust to the new decreased number of units I receive after June 21 when my EIF is converted to ERF at ratio of approx. 5.78 for 1 (the rough inverse of .173 ERF for 1.00 EIF). Many on EIF bulletin boards are screaming foul at the conversion rate (i.e. should be at least .193 based on a comparison of distributions by the two trusts over the past year) and vowing to vote down the merger. Much ado about nothing and doomed to failure IMHO.

Congratulations again on your gold(en) gains.

Wolf
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