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Strategies & Market Trends : Roger's 1998 Short Picks
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To: poodle who wrote (16463)12/27/1998 10:34:00 PM
From: Roger A. Babb  Read Replies (2) of 18691
 
Poodle, I see no problem with state and local government funds buying equities. The total is spread out over many funds with many decision makers. What would worry me would be a very large national fund with a single management making investment choices, a recipe for disaster down the road.
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