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Strategies & Market Trends : PBHG Funds

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To: Tom Simpson who wrote (137)3/3/1997 2:54:00 AM
From: Bill Murray   of 268
 
Tom, After reading these recent posts and Barron's Mutual Fund section
and preceding articles I gather the most money has gone into the
large cap stocks and the index funds leaving the lesser cap stocks
and mutual funds weaker performers, with substantial risk that when
money leaves large caps and index funds it will not seek the other
stocks and funds. Greenspan talks to the House this Wednesday, so
his separated testimonies to Senate and House a week apart are like
bad performance bookends. Lets hope it reverses before the ides of
March. Good luck, Bill
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