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To: Tommaso who wrote (120114)	9/8/2001 12:09:05 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 436258

Teekay Shipping is a similar company (NYSE :TK) the also have a JV with VLCC Haim

To: Tommaso who wrote (120114)	9/8/2001 7:13:41 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 436258

Tommasso, yeah, those are pretty much the risks in VLCCF. I own it in an IRA, so "I don't care tax consequences no more". I started buying at 18 and change a few weeks ago, added a second chunk on the dip yesterday. If they dip further, I'd probably add NAT. I like the idea of owning fractional pieces of real businesses that spin their profits back to me at this point, so very carefully selected REIT's and royalty trusts look OK to me too, IE, HCN, PCL, and eventually SJT and HGT when they get busted down a bit more.