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Politics : Formerly About Applied Materials
AMAT 223.95+1.7%Nov 21 3:59 PM EST

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To: Jacob Snyder who wrote (21955)7/19/1998 4:30:00 PM
From: Ian@SI  Read Replies (1) of 70976
 
Jacob, ***OT OT OT ***

You said, " ... At least a mutual fund manager's interests are fairly closely aligned with yours; ..."

Pardon me... I don't think you're anywhere near cynical enough. ... or maybe I've read too many news reports on fund managers like Hirsch, Mersch and Schonberg who seem to believe that front running is a perfectly fair an reasonable sport. Strange how the fund manager always wins this game.

Many fund managers may actually be honest and ethical. ... but when a big tub of money is just sitting there saying "Take me, Take me.", the temptation may defeat the best of them.

FWIW,
Ian.
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