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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (62564)	4/23/2005 8:13:10 AM
From: energyplay	Read Replies (1) \| Respond to of 74559

Doesn'T FAX have many non-Aussie bonds ?

To: KyrosL who wrote (62564)	4/23/2005 7:17:57 PM
From: 8bits	Read Replies (1) \| Respond to of 74559

Thanks for the update on FAX. I had sold out when there was signs of the USD strengthening a few months ago. Pretty could info on the discount can be found here: closed-endfunds.com I believe this is the open ended version of the same fund: finance.yahoo.com

To: KyrosL who wrote (62564)	4/23/2005 9:02:01 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 74559

The only thing that scares me about FAX is if you look up their dividend history, it has been declining since inception. finance.yahoo.com I have played it in the past but that decreasng dividend always makes me wonder if they are paying from Captial gains or worse yet, something else. That said, I like FAX better than FCO as I just don't see a lot of future in Socialized Europe. High taxation, business limitations and too many social programs puts a severe damper on GDP growth. Good Luck, Lee