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Pastimes : Ask Mohan about the Market
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To: Zeev Hed who wrote (14125)2/15/1998 9:02:00 AM
From: Jyoti sharma  Read Replies (3) of 18056
 
Zeev,

NAV of FPF is $7.96. The fund is trading at par. When the Philippine market fully recovers, it's likely to trade at a discount. IMHO Philippine market has at least one more down leg related to problems in Indonesia.

Jyoti
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