Andrew Guy, CFA Somerset Entertainment Income Fund SOM.UN-T DON'T BUY Apr 09, 2007

Six months ago he had doubts, but it looks like some of the business is stabilizing. Very dependent on sales of their CDs to Wal-Mart and Target.

Andrew Guy, CFA

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$3.000

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BUY

Has not performed well since its issue. An extremely well managed income trust. Did a very good deal a few months back. Doesn't think there is a big upside on this. Expects the market will continue to look at it as a buggy whip type of business. Worth owning.

WEAK BUY

Near its all-time lows. Very well managed. A difficult business. A value investment, but not a long time hold. Very inexpensive.

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Andrew Guy, CFA Somerset Entertainment Income Fund SOM.UN-T DON'T BUY Apr 09, 2007

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