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VALUE CHECK - AUGUST 26, 2003
Like a participant in a game of chess, investment professionals must anticipate and prepare for the next set of moves, well before they must be carried out.  This investment preparation and discipline, we believe, is key to superior long term portfolio performance.  Accordingly, with the Labour Day holiday weekend quickly approaching and representing a new semester of investment activity, we are presently reviewing and recalibrating all our future ABC Funds plans, for the balance of 2003.

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