Mike, I don't give out prices I paid, but my buys are all posted on this thread by name and symbol. Look for notes headed "Portfolio Notes," for details and shorthand reasons for each choice. So far, the names are Intel, Micron, Fannie Mae, First Union, Novellus, CDW Computer Centers, and Ascend. I have yet to fill my positions on CDWC or Novellus. I don't tell what I am going to do ahead of time for several reasons. One is I may change my mind. It happens. I don't want somebody to do something because I do it and then me not do it. <G> The other is, I like to test the waters to guide people if they need special care. O.K., I also don't want you guys messing up my prices. <G>
I hate the regional banks, hence the FTU on the put list. If your friend has to buy them, don't buy the rip off load fund the rep is selling. The same guy manages a discounted closed end fund the same way. It's symbol is BTO and it sells for an 11% discount to NAV. If given a choice between a 4.5% load and an 11% negative load, I think the answer is obvious. The manager was a darling a couple of years ago, but he has fallen from grace with the decline of these scams they call regional banks. Still, he is better than the other bank managers and John Hancock is good in this area. And I say that when I am mad at them for buying out my friends at Criterion and carting the co. out of Houston. <G>
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