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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: bill meehan who wrote (67117)10/7/1999 9:53:00 AM
From: eddie r gammon  Read Replies (1) | Respond to of 86076
 
Bill the wife got this e-mail. She works for the Govt (g)

<<Federal Government Staff Bulletin GF-45398J-19991008
>
> Subject: Year 2000 Holidays
>
> > For Immediate Release:
> > >
> > > The Office of Personnel Management for the federal government
> > > announced the 2000 holiday schedule for federal employees.
> > >
> > > There will be two less holidays in D.C. next year.
> > > Halloween and Thanksgiving have been cancelled.
> > >
> > > The witch is moving to New York. She's taking the turkey with her.
>

erg



To: bill meehan who wrote (67117)10/7/1999 8:31:00 PM
From: Haim R. Branisteanu  Respond to of 86076
 
bill, what makes me wonder were is the CFO investing the hoard of cash they have on the balance sheet.

Also I am not sure if they mark to market all the financial instruments.

If only $10 million on investment income they have show the CFO does not know what he is doing or there are other hidden issues which they do not want to report.

6% on $790 million is $11.85 in my book. Now one expects for a CFO to do better!!

YHOO
Cash, cash equivalents, and investments
in marketable debt securities $ 790,534


At least I am doing around 8% to 10% on my fixed income portfolio.

BWDIK
Haim