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To: Frank Ellis Morris who wrote (14060)12/6/1997 10:19:00 AM
From: Peter Greenhill  Read Replies (1) | Respond to of 27012
 
Frank: Off topic. Thought you may be interested to know of an
interesting development in Mutual Funds (or unit trusts as we
call them)over here in the UK.

Jayesh Manek ran a pharmacy in West London. In 1994 he entered
an investment competition in the 'Sunday Times'he increased an
imaginary œ10 million by 4900% and won the competition against
40000 other entrants. In 1995 he did it again with a 475% gain.
The timespan for both was 6 months.

In July 1995 Manek was asked to manage œ5 million of personal
funds for Sir John Templeton, a fund manager and investment
guru.By the end of October 1997 he had converted this into
œ13 million.

Well, this month Jayesh Manek launches the 'Manek Growth Fund'.
An authorised Unit trust with Stanislas Yassukovich, former
Deputy Chairman of the London Stock Exchange as Chairman.

Investment will mainly be in UK quoted securities though there
is the flexibility to invest overseas.

I sent my cheque off this week and feel that although it is
naive to believe that Manek can deliver mega returns
every year this fund has as good a chance as any of doing well.

Enjoy the weekend

Pete Greenhill



To: Frank Ellis Morris who wrote (14060)12/6/1997 2:16:00 PM
From: puborectalis  Read Replies (2) | Respond to of 27012
 
Good afternoon,Frank see comment to John Hull from me..https://www.siliconinvestor.com/readmsg.aspx?msgid=2895940. I wonder how many other Anal-ysts agree with his dogmatic downgrade of the industry next year?



To: Frank Ellis Morris who wrote (14060)12/8/1997 4:41:00 AM
From: Sonny McWilliams  Respond to of 27012
 
Good morning Frank.
The way things have been going in the market lately, I think we all knew this already. I have been harping on the fact that our markets are getting hit at every turn now for no reason at all. It has now been shown that this Asian thing was not that detrimental to us yet, but the selling goes on as soon as there are some nice up-movements. The dow has come back but most investors are still down with their profits. There is a lot of rotating going on. One day this is downgraded and the next day it is in favor again. I was telling you, while this game is being played, it is hard to stick to the buy and hold theory. I think thia stuff is now being investigated and surprise, the people in charge did not realize it was going on to an extent like this. GIVE ME A BREAK.

Anyhow, you are getting up now and I am just going to bed. I have been so busy this weekend that I had no time for SI or the Net. So I thought I better get with it. But of course sleep will have to play second fiddle.

I checked the Worldmarkets. All Asia is in the black but Japan and South Korea. South Korea is down over 4%. They must have spent their first billions already. Malaysia is up over 11%. London is up 75 points - about 1.5% so I guess I can get a cpl. of hours sleep now while you and Margaret enjoy your first cup of coffee.

Sonny