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

To: Knighty Tin who wrote (56130)4/15/1999 2:35:00 PM
From: Mike M2  Read Replies (1) | Respond to of 132070
 
Mike, I recall you mentioning that book before but I never did check it out. I would suspect whatever productivity has occurred is wasted by watching the stock market at work -g- Reminds me of Thomas Lamont in 1930 " The remedy is for people to stop watching the ticker, listening to the radio, drinking bootleg gin, and dancing to jazz; forget the "new economics" and prosperity founded upon spending and gambling, and return to the old economics and prosperity based upon savings and working." from "The Great Reckoning" Davidson & Mogg Mike



To: Knighty Tin who wrote (56130)4/15/1999 3:50:00 PM
From: Dave Feldman  Read Replies (1) | Respond to of 132070
 
Hi Michael,

Yesterday was one of the most interesting days in the market I can ever remember. For one day, I outperformed <g>.

Question. For the first time, a CEF that I own, UKM, is liquidating completely, for holders as of April 26. What do you suggest? Do shareholders generally get hosed by excess expenses and taxes, or should I sit by and "play" what I presume will still be a discount to NAV?

Gracias,

DF


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