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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (32314)9/7/1998 4:15:00 AM
From: Merritt  Read Replies (1) | Respond to of 132070
 
Mike:

<...but the funds already seem to priced for that eventuality >

How many times have you heard an analyst say that, and then when the bad news is official, the stock/fund drops some more?

Like I said to you a few months ago on Prodigy re. Indonesia, I know you're supposed to buy these CEF's when there's blood in the streets, but I'm squeamish about getting my feet wet that way.

I think I'll wait until after the devaluation.

Best regards, Merritt