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Stocks T / Templeton Emerging Market
|Subject: EMF deserves an allocation||Date: 2/17/2003 11:18 PM|
|Author: susan400||Number: 9 of 15|
peoples in emerging economies get tastes of capitalism
and yearn for more.
it doesn't happen over night, but is a great and good trend.
EMF started was the first mutual fund to invest in primarily emerging economies. they were capital starved,
result? dividends reinvested EMF was up close to 500% by 1994 or so.
huge capital follows success and natural economic law, return on excess capital goes to minus.
here Feb 17, 2003 , with excesses washed out and bear markets around the world,
I am calling EMF a strong buy, provide capital where it is needed.
Friday's close 7.83 .
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