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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: miklosh who wrote (73326)	1/11/2000 9:35:00 PM
From: Knighty Tin	Read Replies (2) \| Respond to of 132070

Mik, I like the idea and it is a nice addition to the arsenal. I still prefer deeply discounted and more diversified CEFs like HQH and HQL, but this is sort of a domestic version of Webs and has more direct biotech holdings. I don't like the idea of an index or, in this case, a unit trust with only 20 names. That is cutting it kind of thin in biotechnology. Also, they are prevented from adding innovative new concepts by limiting themselves to those 20 names. Still, it beats what was available before as a pure bio play. And, as usual, can't wait for the options.