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To: Ray Jahn who wrote (3801)	1/14/1998 12:15:00 PM
From: OldAIMGuy	Read Replies (1) of 18928

Hi Ray, As supplement to Bernie's directions, for Newport's relief, it's good to set the minimum number of shares below, but near the value of the minimum dollar value you've chosen for the fund. For instance, if you choose $500 as your minimum for trading and the share price is presently an indicated $13.23 then 500/13.23= 37.792. You would set the minimum Share amount at 30 shares. This leaves Newport free to calculate the minimum on the Dollar value instead of the Share value. The benefit is that Newport "runs" faster. It's always calculating what the next buy and sell points are relative to the min. dollars and min. shares. If there's a big difference in value, there's more calculations to be done - which slows Newport down. This isn't a bit deal, but does help. As Bernie said, the minimums of 5% of the equity value or $500 will be appreciated by both you and your fund manager! Best regards, Tom

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