Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 322.32

-5.6%

Jan 30 9:30 AM EST

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To: Big Bucks who wrote (23628)	8/31/1998 9:07:00 AM
From: Katherine Derbyshire	Read Replies (1) of 70976

According to today's Wall Street Journal, 59% of all shares outstanding are held by individuals, either directly or through mutual funds. Since so much of that is through mutual funds, the little guys are the big guys in some sense. If the little guys move their money to Treasuries, then the big guys have to sell stock to cover redemptions, so the other little guys get creamed, and move their money to Treasuries, and down we all go together.... Katherine

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