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Technology Stocks : Dell Technologies Inc.

DELL 146.68

-1.7%

Nov 7 9:30 AM EST

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To: jef saunders who wrote (40715)	5/6/1998 11:33:00 PM
From: NickSE	Read Replies (3) of 176387

With all the MF money pouring in every week, I'll take my chances on the market. $8.8 billion boost New cash flows up for US stock funds By Craig Tolliver, CBS MarketWatch U.S. stock funds took in their highest net inflows for the year with an estimated $8.8 billion during the one-week period ending Monday, May 4, according to mutual fund tracking firm Trim Tabs Financial Services Inc. This was a dramatic improvement over the prior week's meager new cash flow of $280 million invested in funds that buy U.S. stocks. "These inflows aren't sustainable," Carl Wittnebert, Trim Tabs' director of research, told Bloomberg News Wednesday. "It's inconceivable to believe that U.S. stock funds will attract $1.7 billion a day. A rate of $1 billion a day is more likely." International funds also got a boost during the same period, jumping to an estimated $3.23 billion in new investments after the prior week's net $2.17 billion withdrawal from these funds, Trim Tabs reported.

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