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Toofuzzy

07/01/08 11:41 AM

#1061 RE: OldAIMGuy #1060

Hi Tom Re NRO

Let me know what you find out.

OK they own real estate, all real estate is down, so I can live with that they are down also since they are supposed to own real estate.

1) Were they smart enough to lighten up on their holdings?

2) how much cash are they sitting on now as a % of their assets?

3) Are they down in stock price more or less than the average (REIT, REIT fund, or whatever you feel it is fair to compare them to)?

4) I don't think you told me whether they are a Closed End Fund or an open end? I went to their website and it had something about another fund being merged with it but nothing I could find about the fund itself.

Thanks
Toofuzzy