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

To: JSD who wrote (97178)	8/5/2002 12:36:35 PM
From: Joan Osland Graffius	Read Replies (1) \| Respond to of 132070

JSD, I bought a very small position in AAUK at higher levels. I am watching to buy more but the darn thing looks like a falling knife. I do expect the dividend at these levels to be better than short term rates. One has to make a trade off. I am waiting for lower levels in IMPAY and AAPTY. They both had a good drop last week. We paid around $7 for AAPTY and $9 for IMPAY during the 1998 sell off. With the Rand where it is now this could translate into $14 for AAPTY and $18 for IMPAY. Edit: I will keep sufficient cash when I start collecting to double down at extreme low levels. Kind of like the gold stocks when they had the great sell off at the bottom. Joan