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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Doug R who wrote (40439)12/28/2001 8:18:03 PM
From: Crossy  Read Replies (1) | Respond to of 79308
 
Doug,
thx alot. Fundamentally I think it's as "safe" as one can get it in venture funds or "business development firms" like WCAP, RAND, LDP, HHGP, CMGI etc.. since HHGP is trading at a 30% discount to Net Asset Value. At the height of the web commerce mania (at a time HHGP had big stakes in e-biz firms) HHGP was trading at 200% premium to net asset value. This time their portfolio is more than 50% of cash and a tiny rest in convertibles or preferred stock ensuring some steady stream of interest payments..

Honestly I think Nanotech will be the next bonanza and some companies already carrying such a "tag" like NANX, CRDN, SCCI.OB, ALTI. HHGP just morphed its portfolio of equity/preferred holdings into more than 75% nanotech related.

TA wise I really thank you for your input. I do know it's very early. Seems I bought my position in HHGP to "book my seat" in the nanotech train if it leaves the station. Hopefully soon...

rgrds
CROSSY