| That does seem strange though with INTL because according to a 1-day
chart for todays activity, it started flat at 15 and didnt go to 15 1/4
until almost 10:50am. Then around 11:15am it hit 15 3/8 (High) and dropped
to 14 5/8 around 11:45am. From there on it just puttered around hitting
15 1/4 again a second time at around 2:30. This gathered from yahoo and
aproximations of times. If they charged you 15.5, I would tell them to
stick it. |
|
I think the general idea of emerging markets (or whatever you want to call em)
is a good one. Closed end funds are a reasonable idea, especially if theres one
in a country or area you like selling at a discount greater than its historical
discount. I like the idea of picking country funds, and becoming informed about
particular economies.. but Ive had a fair amount of Intl. Econ. to help make
sense of things. Id say be careful about Argentina at the moment... there appears
to be serious friction between the finance minister Cavallo and the president, and
strong adherence to Cavallos policies would seem necessary to keep the Argentine
economy doing OK... if theres enough friction and Cavallo is sacked (or leaves
because he doesnt like the way policy is headed), things could get bad for foreign
investors (i.e. devaluation from the current 1:1 ratio being maintained with the dollar). |
|
Someone was recently asking about the company that makes DVD. One that
Im aware of is Nimbus CD Intl (NASDAQ: NMBS). They will be investing
$25 million to setup DVD manufacturing facility. They are currently
manufacturing CD and CD-ROM, and have strong and improving earnings.
They were featured in one of the articles in IBD on Thursday May 23.
They are not into the DVD players, but the discs themselves. Check it
out. They are also a premier company with technique to prevent CD/CD-ROM
piracy, so they might attract a lot of big companies that want to cut
losses due to copying. |
| OCCAMS PICKS FOR JULY 1996
-----------------------------------------------------------------------
#1 Stock Name Symbol Price2
-----------------------------------------------------------------------
1 DTE Energy DTE 30.8750
2 PECO Energy PE 26.0000
3 Springs Ind SMI 50.2500
4 McGraw Hill MHP 45.7500
5 Gen. Pub. Utilities GPU 35.2500
6 Northern St. Power NSP 49.3750
7 Public Svc Ent. PEG 27.5000
8! Pacific Gas&Elec PCG 23.2500
9 Bell Atlantic BEL 63.7500
10 Boston Scientific BSX 45.0000
11 FMC Corp FMC 65.2500
12 Columbia Gas CG 51.8750
13 Central and Southwestern . |
| CNN - .... another way the internet is changing Wall Street, ....the
revolution continues.
Bloomberg Personal Finance - .... the Walmart of Global Investing ....
Wall Street Journal - .... a variety of services to make venturing
overseas as simple as buying domestically.
Forbes.com - Best of the Web .... If you want to buy shares in Hong
Kong.....or ....Argentina, just log into Intltrader.com .... |
