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Technology Stocks : Avant (AVNT)

AVNT 37.40

-0.6%

Jan 23 9:30 AM EST

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To: Jonathan Greenberg who wrote (1423)	11/10/1997 5:41:00 PM
From: Jonathan Greenberg	Read Replies (1) of 3441

Ok, a bit more info. The numbers (232K) that were quoted are for Amerindo's individual investor portfolio ONLY. They have another $2.5 Billion in investments for institutional accounts. That accounts for the other 6M shares (+/-). I found it interesting that the institutional minimums for investing were $10M. I also found it interesting that the individual investors cost basis for AVNT is about $32/share and the institutional cost per share is about $22/share. I guess they buy the cheap shares for the big money backing them. JG

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