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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Knighty Tin who wrote (226270)3/7/2003 1:24:00 PM
From: Mike M2  Read Replies (2) of 436258
 
KT, the CNBS folks spin it like the money markets are a parking place for stock investors and that's true to some extent but its also there for safety & liquidity. I don't think a smart CFO ( maybe a few years ago -g-)would put a companys working capital into a high tech stock fund. Let's suppose there was a mass exodus from money markets into stocks what would happen to corporate borrowing costs? Is there a break down by holder? individual vs corporate? Mike
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