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Strategies & Market Trends : ROC: The ROC Taiwan Fund -- Ignore unavailable to you. Want to Upgrade?

To: Bill Fortune III who wrote (9)	4/23/1998 2:06:00 AM
From: peter michaelson	Read Replies (1) \| Respond to of 18

Bill: Took a quick look at Westwood. I think it bears mentioning that more than 100% of the excess of book value over share price is made up of goodwill. In other ways, too, it seems a highly illiquid balance sheet and not the sort that one would depend upon to support a share price in the event of a downturn in earnings. Please refute these points, if you care to, as I am always on the lookout for shares selling for under book value. Peter

To: Bill Fortune III who wrote (9)	4/23/1998 7:59:00 PM
From: bruce bell	Read Replies (1) \| Respond to of 18

THankd for your come back. I would not know one grammer error from the other. I glad we can both understand this. I have tried to us the indexs to buy this year funds. Oil gold and gas I made 12% in three months and sold. I also BO tech in Dec 97 and sold in 3 months for 15%. I just started to look at Rydex. They started 12 -13 sector funds like Fildelity(sp. No load 1.5% annual costs. Give them I call 1-800 717 7776 and get their info and these and their other funds. also ask for their quarterly reports on their six other funds. They are setup for you to switch anytime. I also play pennies like you and trade a Waterhouse. If you need a Annual report e-mail me and I will try to find and send you one. I am playing CTYSC at this point. Bruce