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To: Cynic 2005 who wrote (10595)	11/6/1998 2:56:00 PM
From: Bonnie Bear	Read Replies (1) of 86076

We will never have a kahuna as long as there are 401k plans... I left my employer of many years on Oct 9. I pulled out my 401k money last spring and put it in stable value rather than leave it in a company stock fund that performs like Vanguard Windsor. If I had left it in the fund, it would have produced a 2% per year return over the last six years. I cannot get my 401K money rolled over for three months because the law says they have 90 days to return my money, and in this time I have no say how the money is invested. It seems to me these big funds will do their best to make up for lost time by making up for "bad" quarters, but ultimately it will be the 401K holders that will suffer. This is a shell game..there is not one bubble, but lots of bubbles moving constantly, the overpriced garbage is swept into the 401Ks and as long as there is an occasional great quarterly statement it will take many years before anyone is fired.

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