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To: Wally Mastroly who wrote (11797)2/8/2000 4:43:00 PM
From: Wally Mastroly  Read Replies (1) | Respond to of 15132
 
Cisco - after the bell; as NAZ/NAZ 100/Russell 2000 hit new closing highs...

16:23 [CSCO] CISCO Q2 SALES $4.35 BLN VS. $2.85 BLN YEAR AGO

16:19 [CSCO] CISCO STOCK SPLIT IS NINTH SINCE IPO IN FEB. 1990

16:18 [CSCO] CICSCO Q2 EARNINGS 25C/SH VS. ESTIMATES OF 24C/SHR AND 18C/SHR
YEAR EARLIER

16:18 [CSCO] CISCO SETS 2-FOR-1 SPLIT

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Major Indices:

quote.yahoo.com

Naz closes at 4427.8 + 2.45%

Naz 100 closes at 4062.8 + 3.29%

Russell 2000 closes at 537.5 + 0.96%



To: Wally Mastroly who wrote (11797)2/9/2000 9:13:00 AM
From: Wally Mastroly  Read Replies (2) | Respond to of 15132
 
Dull money funds attract investors:

usatoday.com

Sizzling stock mutual funds have been getting all the attention, but mundane money market funds have been getting the most money. Investors put $194 billion more into money funds than they took out in 1999 vs. $187 billion for stock funds, says the Investment Company Institute, the funds' trade group. A one-year wonder? Hardly. Investors flooded money funds with $235 billion in 1998 vs. $157 billion for stock funds.

Stock funds still have a lot more assets: $4.1 trillion vs. $1.6 trillion for money funds, according to ICI. But money funds are the second-most popular type of fund.

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Why invest in a money fund?

usatoday.com