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Re: Ace Hanlon post# 104662

Monday, 05/05/2003 10:09:34 PM

Monday, May 05, 2003 10:09:34 PM

Post# of 704019
George,

I looked at STHBX awhile back but did not buy any at the time. Called the company recently and the yeild now is just over 4%. The high of this fund at the height of the bull in '00 was about 10 bucks but was at $10.50 a year earlier, an indication of where the market was heading. It is now at $8.60 off the lows near $8.20 in october '02 when all of these funds took off like a flock of birds. The Buffett effect? Perhaps. I like the looks of this fund and it appears to be easy to get in and out of. I know you believe there is lower risk to this and other short term funds in a market correction. This fund has been remarkable stable in the last 6 months while the market has had some wild swings. Are you just holding or are you adding to this fund. Am a bit leary myself as it has already climed about 5%. I don't believe the market can climb much higher without the likes of GE and MSFT joining in. As Zeev said the generals have not really participated much in this rally. If MSFT can pierce its resistance at 26.50 as it did awhile back and hold on I would be encouraged for further upside. Maybe STHBX will keep showing us the way. By the way, when would you sell it? Sorry for all this wind.

Benj

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