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Politics : Ask Michael Burke
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To: yard_man who wrote (49600)3/3/1999 5:13:00 PM
From: eWhartHog  Read Replies (2) of 132070
 
tippet,

This was well answered by MB. The Pakistan capital controls make a repurchase of PKF stock by the fund itself less likely, since its assets are tied up in Pakistan. Other Morgan Stanley CEFs have had repurchases when discounts became wide, though these have been abandoned when the discounts narrowed.

Regards,
John
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