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


To: MoneyPenny who wrote (97697)10/14/2002 8:38:17 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 132070
 
Thanks.



To: MoneyPenny who wrote (97697)10/15/2002 9:44:46 AM
From: Tommaso  Respond to of 132070
 
I hope that that Flipper person knows what he/she is talking about.

There sure is an unfortunate convergence of unpleasant information on those Aberdeen funds. I trust that their assets are quite separate from whatever is causing an investigation of the management company. I do think we might be looking at another dividend cut in addition to the rights offering. I did not mind getting a return of capital and was viewing it as a kind of annuity that was slowly liquidating iself, but I guess if you are managing a company you really don't want it to liquidate, so the rights is a way of pulling in additional capital.