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To: John Arnopp who wrote (1185)2/27/1998 6:44:00 PM
From: William R. Polk  Read Replies (1) | Respond to of 4467
 
John: There was a Press Release from Microsoft Investor in my e-mail this morning. The time on the press release was 9:01 a.m.

Question: I don't believe that your NAV spreadsheet includes the 962,000 shares of CVSN about to be purchased from Centocor (wasn't it supposed to close this week?). If these shares are added to the portfolio it would add at least $3.00 to NAV. Right?