1.  Any real money needed to redeem the IOUs must come from available budget funds or higher taxes.

2.  Defensive positioning _ similar to but smaller than the moves made last year by Fidelity's flagship fund, Fidelity Magellan _ accounts for the lag.

3.  Deputy President Thabo Mbeki said the Cabinet had given them a standing ovation after the "very moving" testimony and would consider the request for funds.

4.  Denise Rich has given more than $1 million to Democrats, as well as $450,000 to Clinton's presidential library fund.

5.  Dennis Delafield, right, and Vincent Sellecchia, co-managers, reaped some of the benefits in the Delafield fund.

6.  Dennis McKechnie, manager of the Pimco Innovation fund, said Check Point is among his top 10 holdings.

7.  Denton County Commissioner Sandy Jacobs was stunned that county officials only heard about the fund's performance when they contacted the state Health Department.

8.  Denton said that the fund was valued at less than $10 million and that investors must put up a minimum of $250,000 to join.

9.  Definitely stick with the fund.

10.  Derivatives aside, the primary way for a fund to enhance its return is to lower costs or to absorb some of its management fee.

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