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


To: Knighty Tin who wrote (32618)9/16/1998 6:36:00 PM
From: Leo Francis  Read Replies (1) | Respond to of 132070
 
MB, Japan PE average is still a lofty 58. Albeit far below the 70-77 of the early 90's start of the recent peak. That said, I too have been targeting some Asia funds, and Japan funds (and/or WEBS), with a bias for a straight Japan play. That said, I agree with your rationale on APF. Its tough to pinpoint a bottom, but when Japan/Asia rebounds, we'll see 50-100% gains. From what though is the obvious task.

Regarding your Goldman and LEIX (g). Goldman doesn't like friendly mergers!-g-
You heard it here. Good Trading, LF



To: Knighty Tin who wrote (32618)9/17/1998 8:34:00 AM
From: KENNETH R SANDERS  Read Replies (3) | Respond to of 132070
 
MB, Do you or anyone have an URL or other location that lists the CEFs and shows the discount or premium to NAV? I'm 90% in cash and getting the itch to switch<G>



To: Knighty Tin who wrote (32618)9/18/1998 2:34:00 AM
From: upanddown  Read Replies (1) | Respond to of 132070
 
Mike:

I like your contrarian play on APF. I'am trying to get some tomorrow if it sells off a little with Asian markets down again. Do you also do thirds with your longs (stock or calls) ? Buy a first third when it is x% undervalued and each additional third if it drops by x% ? Would you buy an additional third of APF if it drops close to 5 ?

TIA,
John