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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (82544)7/25/2000 4:36:16 PM
From: George Acton  Read Replies (1) | Respond to of 132070
 
... we ship them out to the town of Northern Charm and
Southern Efficiency ASAP.

Our politicians don't need that, since they can stay raht
cheer and enjoy a unique combination of redneck charm and
French efficiency.



To: Knighty Tin who wrote (82544)7/25/2000 6:24:08 PM
From: Knighty Tin  Read Replies (3) | Respond to of 132070
 
To All, Interesting development today. Two of the Internut IPO stocks were flops. Of course, another was a quick double, but, still, it is beginning to look more and more that the monkeys with the "buy all Internut IPO" buttons may have their comeuppance soon. The performance of many mutual funds in the past 3-5 years has come strictly from this IPO scam. That is why the best performing funds tend to be the new ones at large mutual fund firms. That is how we see a brain dead outfit like Munder make the best performance list with their Net-Net fund-fund. Now, that fund is too big (over $2 billion) to play the IPOs for any type of reasonable return (sometimes even big fund cos. only get a few hundred shares of a hot deal, which means nada to a $2 billion fund. Been there, done that.) And now, that market is not longer a layup.

So, I look forward to seeing many of these internut fund geniuses out washing windows at traffic lights soon. And they might not be good at that job since most are not worth spit. <g>