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Technology Stocks : BMC Software
BMCS 0.00520-36.6%Nov 3 2:14 PM EST
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To: JakeStraw who wrote (565)2/14/1999 7:45:00 AM
From: MAURICE J. SADOWSKY  Read Replies (1) of 1492
 
INTERESTING COMMENT: In the Chicago Tribune business section today an article discussing the market roller coaster so far this year as follows:
"Carl Wittnebert, research director at TrimTabs.com Investment Research in Santa Rosa, Calif., says if a ny word characterizes the general investor mood this year, its "caution". TrimTabs tracks cash flows in and out of mutual funds and sees no sign of schizophrenic behavior by investors.
There's generally a lot of risk aversion, Wittnebert said. Although stock mutual funds attracted a relatively strong $19.6 billion in January, according to TrimTabs estimates, aggressive growth funds, which include technology funds, have experienced net outflows so far this year.
Technology (funds) did not take in much money, despite the huge rally last month. That's surprising because investors do tend to chase rallies" End of quote from article.

Makes some sense to me since BMCS has one of the highest institutional ownership of stocks I tracks.

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