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To: moat who wrote (372)7/29/1999 12:55:00 PM
From: Gregg Powers  Read Replies (3) | Respond to of 13582
 
moat:

Some clients have responded exactly as you suggested. On the other hand, with no disrespect intended, other more institutionally oriented accounts impose constraints by committee and said constraints are not subject to negotiation.

We have done the best we could given the fiduciary responsibilities and realities of professional money management.

All the best,

Gregg