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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (22497)7/27/1998 11:55:00 PM
From: Bonnie Bear  Read Replies (1) of 94695
 
Jim: the brokerages and funds all make their money on fees from funds under management. There's many many publicly traded mutual-fund houses and brokerages, several dozen at least, many are smallcap. Seems to me we would see a merger mania within the fund houses as a last effort to keep the market alive before she sinks in the asian sea. I've been watching for this, haven't seen it.
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