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


To: re3 who wrote (73779)1/15/2000 4:34:00 PM
From: Knighty Tin  Read Replies (4) | Respond to of 132070
 
Ike, Barron's has them listed as of Thursday. I guess it takes a day to get info from Canada. <g> United is listed at -42.18%. That's pretty danged high. But the Canadians are not alone. India Fund, a well-managed fund, is at a 30% discount. Heck, the CEF I used to manage, Van Kampen Convertible Securities, is at a 22% discount. Just a point of bragging: this thing sold at a premium when I ran it. Of course, it sold at a premium for the 4 years before I ran it, too, but that is neither here nor there. <BG>

So, I guess I'm saying that a big discount does not mean that the portfolios are necessarily lousy. I think we may be setting up for another Burke CEF raid in the near future. As you know, I love paying 50-80 cents for a dollar. <g>