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To: Dale Baker who wrote (4413)	4/16/1999 6:50:00 AM
From: Dale Baker	Read Replies (2) of 118717

SCTLF - a very unusual pick but great value and great diversification. sec.gov biz.yahoo.com This is a Cayman Islands firm which offers life insurance, investment services and re-insurance. Just incorporated last year, SCTLF is expected to make .76 this year and 1.25 next year. The book value of their current investments is $14 - closing price yesterday was $10 3/8. Nice chart breakout after the usual post-IPO slump. SCTLF is the top-rated Life Insurance company with 4 strong buys. I will recycle some Internut funds into SCTLF today. If any financial geniuses out there spot any holes in SCTLF's balance sheet or business plan, let me know. Two board members also sit on the board of Sterling Software, and their Chief Insurance officer has experience at General Re (which BRKB bought last year). Everything here smells like roses. Thoughts? Definitely not your average tech stock.

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