Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Joey Two-Cents who wrote (9363)	5/30/1998 1:50:00 PM
From: Oeconomicus	Read Replies (1) of 18691

...may have to cash in their "Happy Meal Beanie Babies" to pay off their cash advances. Speaking of cash advances, Joey, did you hear that mutual funds may soon be able to accept MasterCard and Visa as payment for fund shares? That's right, you no longer need to go to the bank to get a cash advance before putting money in the market. You can do it directly. Wonder if you can get airline miles on credit card fund purchases. So far, the SEC has only approved this for one firm that wants to sell shares in a VC mutual fund over the internet, but other fund companies are expected to request approval too. Regards, Bob

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