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Technology Stocks : America On-Line (AOL)
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To: 1SFG who wrote (758)1/1/1999 6:37:00 PM
From: Chuzzlewit   of 41369
 
Re: Where is the management or control if all you do is sell a delisted stock and buy a newly listed stock.

There really isn't any. That's why these instruments are so popular. And that's why they can't justify the kinds of expenses that managed funds have. These kinds of funds are called passive funds for just that reason.

And there are no fund managers in the traditional sense. Buying and selling is mechanical.

TTFN,
CTC
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