--- In AsburyPark@yahoogroups.com, "dfsavgny" <[EMAIL PROTECTED]> wrote:
>
>
No, you don't want them to leave town, otherwise you might wind up
with the old beer banner signs that graced the buildings on the
boardwalk...
Very curious though on the terms of investments in the fund. There
could be a clause whereby the funds invested less fee are returned if
certain conditions are not met. If that is the case, then MM has to
have their own contingency plans. Hopefully, they won't pull "it's
their fault..." it didn't work. That one has been used before -
sometimes right, sometimes not.
If they don't have a plan for The Wesley end of town - the link
between Cookman and Boardwalk then what? Look at who else has invested
in their funds - where are they today....themselves running for cover.
HOV can't move.
If you read that recommendation to invest in the fund, MM was looking
at an IRR (Internal rate of return - which I still have a hard time
understanding) is 18%.
In the end, it all depends. Everyone should be thakful they had great
weather this summer.
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