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[TEXT]
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
1. Name and address of issuer:
Gintel Fund
6 Greenwich Office Park
Greenwich, Connecticut 06831
2. Name of each series or class of securities for which this Form is
filed (If the Form is being filed for all series and classes of
securities of the issuer, check the box but do not list series
or classes): [ ]
NONE
3. Investment Company Act File Number: 811-3115
Securities Act File Number: 2-70207
4(a). Last day of fiscal year for which this notice is
filed: December 31, 1998
4(b). [ ] Check box if this Form is being filed late (i.e., more than
90 calendar days after the end of the issuer's fiscal year).
(See Instruction A.2)
Note: If the Form is being filed late, interest must be paid on the
registration fee due.
5. Calculation of registration fee:
(i) Aggregate sale price of securities
sold during the fiscal year pursuant
to Section 24(f): $ 27,531,768
(ii) Aggregate price of shares redeemed
or repurchased during the fiscal year: $ 19,662,562
(iii) Aggregate price of shares redeemed $ 0
or repurchased during any prior
fiscal year ending no earlier than
October 11, 1995 that were not
previously used to reduce registration
fees payable to the Commission:
(iv) Total available redemption credits - $ 19,662,562
[add Items5(ii) and
5(iii):
(v) Net sales - if Item 5(I) is greater $ 7,869,206
than Item 5(iv) [subtract
Item 5(iv) from Item 5(I)]:
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(vi) Redemption credits available for use $ 0
in future years - if Item 5(I) is less
than Item 5(iv) [subtract Item 5(iv)
from Item 5(I)]:
(vii) Multiplier for determining registration x .000278
fee (See Instruction C.9):
(viii) Registration fee due [multiply Item5(v) $ 2,187.64
by Item 5(vii)]: ==========
(enter "0" if no fee is due):
6. Prepaid Shares
If the response to Item5(I) was determined by deducting an
amount of securities that were registered under the Securities Act
of 1933 pursuant to rule 24e-2 as in effect before October 11, 1997,
then report the amount of securities (number of shares or other
units) deducted here: __________________. If there is a number of
shares or other units that were registered pursuant to rule 24e-2
remaining unsold at the end of the fiscal year for which this form
is filed that are available foe use by the issuer in future fiscal
years, then state that number here:_______________.
7. Interest due - if this Form is being filed $ 0
more than 90 days after the end of the
issuer's fiscal year (see Instruction D):
8. Total of the amount of the registration $ 2,187.64
fee due plus any interest due [line ==========
5(viii) plus line 7]
9. Date the registration fee and any interest payment was sent to the
Commission's lockbox depository: February 18, 1999
Method of Delivery:
[ X ] Wire Transfer
[ ] Mail or other means
SIGNATURES
This report has been signed below by the following person(s) on behalf
of the issuer and in the capacities and on the date(s) indicated:
By (Signature and Title)* ________________________________
Stephen G. Stavrides
President and Treasurer
Date: February 18, 1999
*Please print the name and title of the signing official
below the signature
