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To: Knighty Tin who wrote (141007)12/31/2001 11:43:33 AM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 436258
 
LOL! Hey, I got a stuffed sleeping bag reserving my place in line at the bank for Euro Day... hope it doesn't get arrested for vagrancy>g>

gonna buy me some gold wid dem new euro's man!



To: Knighty Tin who wrote (141007)12/31/2001 12:23:52 PM
From: Knighty Tin  Respond to of 436258
 
To All, 1. Stillwater has been creeping back for awhile now. 2. European Warrant Fund (EWF) is inching up. 3. Japan Over The Counter Fund (JOF) was approaching another buying point until it got goosed a bit today. 4. Of the 4 best managed stock funds in the country, General American (GAM) and Central Securities (CET) are the only two selling at discounts to NAV. 5. I'm kind of glad that the guy who runs Legg Mason Value Fund got his comeuppance this year. He encouraged a lot of otherwise sane value managers to stretch their definition of value. And a lot of fund sponsors to can many of those few managers who didn't have much stretch to their ethics. No matter what else they may be, Amazon, Dell and IBM are NOT value stocks.

On #5, I may sound like a hypocrite, as I hate categories and niches for managers. But I do believe that if you claim to be doing a certain style, you ought to do it. My complaint is that smart managers ought to buy what's going to go up and to hell with where they sit on Morningstar's silly nine square box. But if you opt into the 9 square scam for marketing purposes, you ought to invest like a square. <g>