]> SA Advisory
GLOBAL POSITIONS SEPT 8, 1995

COUNTRY/COMPANY	EXCHANGE	YR*	 PURCHASE* CURRENT*	G/L STATUS 
				
JAPAN HITACHI	TOKYO	6-4-92		790 YEN	1080	37%G	B
JAPAN NISSAN	TOKYO	8-24-92		592 YEN	754	27%G	B
MEXICO EMPRESSAS(ICA)	NYSE (ICA)	4-6-92 $17	12	5/8	26%L	H
MEXICO GRUPO SYNKO	MEX (ADR)	4-23-91		$1.25	1	20%L	H
MEXICO CIFRA	MEX (ADR)	7-27-91		$1.18	1.35	14%G	H
ENGLAND LONRHO			OTC (ADR)	11-27-92	$1.08	2.42	123%G	B
ENGLAND DAWSON HOLDING	  LSE	8-23-93 	$5.50	8.30	50%G	B PLC	RULE 535SUB2
CANADA ARC INTERNATIONAL	AMEX (ATV)	8-28-93 $1.44	3.81	165%G	B/H
THAILAND SHINAWATRA		THAI (ADR)	5-18-94 $12.25	11.50	7%G	B
ENGLAND JEROME & SON LSE (ADR)	5-18-94	$1.00	1.12	12.5%G	H
CANADA ARC INTERNATIONALAMEX (ATV)	7-7-94	$3.125 3.81	22%G	B/H
FRANCE	EURODISNEY 2004 WARRANTS 	10-26-94	$.12	.45	275%G	B/H
ARGENTINA	YPF SOCIEDAD NYSE (YPF)3-8-95  $17.00	19	11%G	B
MEXICO GRUPO MODELO	MEX	3-18-95	$11.00	17	54%G	B/H
JAPAN	PAINE WEBBER PWP.WS	6-13-95	$6.25	15 1/8 142%G	B/H
HONG KONG  ELECTROCON	EPLTF	8-30-95	$.95	1.75	84%G	B	 

TODAY OUR OVERALL GLOBAL EXPOSURE YIELDS A 60% GAIN.			
*YR - YR RECOMMENDED
*PURCHASE - PURCHASE PRICE
*CURRENT - CURRENT PRICE

S. A. Advisory's Undervalued Hotline
1-900-990-0909 Ext. 192
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