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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (95069)3/16/2002 9:15:22 AM
From: Tommaso  Read Replies (1) of 132070
 
It wasn't that long ago that the Korea Fund had a really big premium.

Let's see, what it's at--

wow, almost 16% discount.

And about the same for KEF.

How about buy those and short EWY?

Then, given my luck, watch EWY decline only 10% while the funds go to a 25% discount.

Do you think maybe people are doing the opposite--buying EWY or Matthews Korea fund and shorting KF or KEF?

So many things sound like a good idea until you try them.
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