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To: Cap_Loss_Cfwd who wrote (73097)	8/11/1999 3:56:00 AM
From: KeepItSimple	Respond to of 164684

Janus has nothing to worry about. Greenspan bailed out Long Term Capital when it made hair-brained investments that imploded, and Janus knows that Greenspan will bail Janus out if their fund implodes. Since they are too big to fail, they essentialy are taking no risk, with great upside potential if the mania re-ignites, which it obviously has. ---------- And all the future retirees out there with their money safely tucked away in mutual funds think that they are not gambling on internet stocks.

To: Cap_Loss_Cfwd who wrote (73097)	8/11/1999 4:20:00 AM
From: Bill Harmond	Read Replies (1) \| Respond to of 164684

>>And all the future retirees out there with their money safely tucked away in mutual funds think that they are not gambling on internet stocks. Think again. This is as good a time as any for them to own a little.

To: Cap_Loss_Cfwd who wrote (73097)	8/11/1999 5:13:00 AM
From: Steve Lee	Respond to of 164684

Look at the Janus holding this way: Janus had less than 5% in April. Janus now has more than 10%. This means Janus has bought between 5% and 10% of the outstanding shares between April and now. So if whilst Janus was accumulating all that stock and the price dropped more than 50%, there must have been massive distribution from even larger holders. Recent distribution is BAD for stocks. Now if Janus were ABOUT TO BUY 16 million shares, that would be good news. Consider what would happen if Janus decides to SELL those 16 million shares. If they had already done this, when would it show up in a SEC filing?