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To: mishedlo who wrote (197506)	10/15/2002 5:43:50 AM
From: MoneyPenny	Respond to of 436258

I think the sell off is for three or even four reasons. One is the rights offering. Two is that the dividend currently at 3.5 cents is up for review in December . Three is that FAX has had new investors as a result of many media recommendations as a tool for diversification. I have owned FAX for two years or maybe a little more and it is one of the larger CEFs and can be volatile this time of year. In addition, this information came forth last week: Quote from Bloomberg "Aberdeen Battles to Repair Image as Trust Woes Linger Aberdeen, Scotland: Aberdeen Asset Management Plc is battling to regain investors' confidence after a year when the company's stock slumped 88 percent because of concern about losses from a group of funds it oversees. Aberdeen is the U.K.'s largest split-capital trust manager, with 1.6 billion pounds ($2.5 billion) in 19 funds. Trading in four of the funds has been suspended and another four are in what the company has called ``financial distress.'' The regulator for more than six months has been investigating split-capital trusts, which offered preset returns or dividends that were as much as four times what other U.K. companies paid. ``It was an investment idea that went wrong,'' George Robb, Aberdeen's co-founder who now is chairman of one of the trusts that halted trading in its shares, said in an interview." Many people don't understand FAX including myself, when I first bought. I certainly know a lot more about it now but am no expert by any means. Money Penny