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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (93370)	12/3/2001 5:27:19 PM
From: BSGrinder	Read Replies (1) of 132070

Michael, (more musings on MU) I notice that institutions own 105% of the float, and according to Fleck, that is concentrated in Fido and one or two other fund families. Is that what props up such a money losing sardine? - as long as the big funds don't sell, there's nobody else to apply much selling pressure? Micron never did have the hordes of true believers that companies like JDSU, RMBS, Dell, and Intel had. I wonder if there are other companies like Micron, that are literally wholly-owned by a few funds? Thanks, /Kit

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