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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: ild who wrote (151308)2/14/2002 8:37:06 PM
From: ild  Read Replies (2) of 436258
 
Reason behind AOL slide:
<<<NEW YORK (Reuters) - Janus Capital Corp., the biggest institutional shareholder of AOL Time Warner , cut its stake in the media giant in the fourth quarter while buying more of conglomerate Philip Morris Cos and defense contractor Raytheon , according to a regulatory filing Thursday. Janus' fund managers, who have seen their once-hot, growth portfolios slide amid the stock slump, have said recently that they are paying more attention to stock valuations. >>>
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