1.   Analysts also said warrants will be valuable to investors to hedge other investments.

2.   After conversations with Conaway in August and September, Burkle sold his stake in Fleming and hedged the investment he still has in Kmart.

3.   But portfolio managers note that a rising currency is not always an unmitigated disaster, especially for funds that hedge their investments.

4.   How easily can the investment be hedged?

5.   Its first contract, on the Kuala Lumpur Composite Index, allows investors to speculate on the direction of the benchmark stock index or hedge their investments in stocks.

6.   Kim and Sit can hedge stock investments by using currency options and futures.

7.   Nearly all overseas bond funds hedge their investments.

8.   Some mutual fund managers who invest chunks of their assets in Japanese stocks are hedging their investments to guard against a rising U.S. dollar.

9.   The trader at First Capital, who Storrs refused to identify, failed to hedge the investments against risk, Storrs said.

10.   Traders and investors who have used this technique to hedge their investments are now buying back the December contracts they sold to prevent delivering cash bonds against them.