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Author: gramerw One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 38  
Subject: HQL Now at a Discount Date: 3/4/2000 12:26 AM
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I was tired of all the premium messages. Forgive me for an empty post.

Oh well, I should take a stab at something of content, let's see, well, the discount went from -6% to -12% over last two days.... Cubist (CBST ) and Giliad (GILD) and Celgene, all increased holdings of late in HQL have all done quite well.

Hey, the NAV is over 40! Now there is an empty post. No, someone may not know what an NAV is... the NAV is the price of all the holdings represented by a share of HQL. Sometimes all the holdings add up to more than what the share price ended at for the day, when this happens, we say the 'stock is trading at a discount'. When the holdings add up to less than the current or closing price of the stock, then it is 'trading at a premium'.

Well, that was not so empty after all.

Or maybe it was..

best to all
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