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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: pcyhuang who wrote (4187)	5/28/1998 9:29:00 PM
From: Michael Burry	Respond to of 78673

Re: ROC There's an SI board: exchange2000.com WSJ has daily NAV's on it. Current is 9.26. In other words, quite a big 1 week fall, but then we knew that. So you can get the already-discounted Taiwan market at a 19% discount? And they're even considering open-ending it? And management is good? There's no capital gain risk. And there's a pretty awesome article on Taiwan in the most recent Forbes. Entrepreneurial spirit is incredibly strong. My father-in-law is from there, and he hates the place. But then he hasn't been there in a while. Yep, he's an entrepreneur here too - at least 4 serious startups. Well, I'll find a place for it. I think I have one account that has room... Can't believe I'm nearly fully invested again. I admit it, Paul's right. On average, only a about a 30% US concentration, but still... Good Investing, Mike

To: pcyhuang who wrote (4187)	5/29/1998 12:40:00 PM
From: Allen Furlan	Respond to of 78673

Re Roc taiwan Peruse the site I linked to you yesterday. The CEF open ending advocates advise that you give your broker specific instructions on how to vote or else your shares are effectively voted as decided by management. Since I could not find any reference to this fund relative to probable open ending, I am speculating that management is recommending against, since open ending threatens their lucrative management contracts. Called the fund,but they had only an answering service and no call back since. Good luck.