To: Stcgg who wrote (52940 ) 6/2/2000 9:44:00 PM From: Stcgg Respond to of 99985
TRIM TABS - NEGATIVE FUNDS FLOW.. TrimTabs.com Liquidity Up Date - JUNE 2, 2000 Liquidity Trim Tabs our weekly report is e-mailed on Sunday. Charles Biderman analyzes the week?s liquidity data and forecasts the direction of the stock market over the near term. Sent as a .pdf attachment is a glossary of liquidity term. For those unfamiliar with Liquidity Trim Tabs, here is how to read the Weekly Change In Liquidity & Trim Tabs Market Cap Tables on page one. The Trim Tabs Market Cap measures the market value for all NYSE, NASDAQ and AMEX stocks. The AMEX is included but not listed. In the Weekly Change Table, the MARKET CAP +/- column after the date, includes the weekly change in aggregate market values in millions of dollars. The NET LIQUIDITY column is the net change in weekly liquidity. Weekly liquidity is derived by adding US Equity Fund Inflows, 2/3 of newly announced cash takeovers, 1/3 of completed cash takeovers and subtracting new offerings. US EQUITY FUND FLOWS, provided by Mutual Fund Trim Tabs is for Friday-Thursday & does not include Int'l Equity Funds. Annc Cash Acq include all newly announced cash takeovers. Comp Cash Acq includes all completed cash takeovers. Annc Buy Backs - includes newly announced stock buybacks. NEW OFFERS include all IPOs, secondaries and convertible bonds/pfds sold in the US, and does not include closed end funds. JUNE 1, 2000 ALL EQUITY MUTUAL FUNDS: OUTFLOW -$5.5 BLN; NAV UP 2.9% US FLOW: OUTFLOW $4.9 Bln BREADTH: NEGATIVE 46 OUT VERSUS 17 IN NAV: UP 3.0% Flows by Investment Company INSTITUTE Sectors ($ million) Aggressive Growth: OUTflow $1,584; NAV: UP 4.1% Growth: OUTflow $2,708; NAV: UP 3.1% Growth & Income: OUTflow $590; NAV: UP 1.9% INT'L FLOW: OUTFLOW $0.6 Bln BREADTH: NEGATIVE 25 OUT VERSUS 7 IN NAV: UP 2.3% BONDS & HYBRID: INFLOW $0.5 BLN; NAV UP 0.60% LIQUIDITY CHANGES ON JUNE 1 US FUND OUTFLOW: $4,882 MLN NEW ANNOUNCED CASH TAKEOVERS: $0 COMPLETED CASH TAKEOVERS: $205 MLN NEW OFFERINGS: $1,320 MLN OVERALL LIQUIDITY: NEGATIVE $6,134 MLN NEW ANNOUNCED STOCK TAKEOVERS: $0 NEW ANNOUNCED BUYBACKS: $130 MLN Regards, TrimTabs.com Investment Research, Inc www.trimtabs.com 707 874 9546 >><<