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

To: Joan Osland Graffius who wrote (91630)	8/9/2001 1:38:50 AM
From: ild	Respond to of 132070

joan, thanx for info This article spurred my interest: cbs.marketwatch.com

To: Joan Osland Graffius who wrote (91630)	8/9/2001 1:03:31 PM
From: Tommaso	Read Replies (2) \| Respond to of 132070

I checked out FAX and put a lot of money into it after you mentioned it. With the dollar perhaps starting to slip, a fund that sells at a 13% discount, pays a 13% dividend, and offers a hedge against the dollar seemed too good to pass up.

To: Joan Osland Graffius who wrote (91630)	8/9/2001 1:58:11 PM
From: Surfratiam	Respond to of 132070

Thanx Joan for the FAX idea. I also bought some FAX today. I continue to look for hedges such as this against the dollar. Later, Ray

To: Joan Osland Graffius who wrote (91630)	8/11/2001 11:56:31 AM
From: Mark Adams	Read Replies (1) \| Respond to of 132070

Joan et al, Might find this article of interest on the Aussie economy; Australia's robust economy bucks the global trend globalarchive.ft.com Sold my fax as the diversification into asia smacked of chasing yield- and I remember to well the quote from Barrons that more money has been lost chasing yield than at the point of a gun. I do still hold a pretty good sized chunk of FCO, though a recovery (and follow on rate hikes) could hurt bond pricing and NAV, so I'm watching quite closely.