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To: GraceZ who wrote (27524)	10/12/2000 2:33:29 PM
From: XBrit	Respond to of 436258

Thanks for that reply. The "run on the banks" scenario would be a major economic catastrophe, I agree. I will think some more about that.

To: GraceZ who wrote (27524)	10/12/2000 5:24:10 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

<<In such a panic all MM funds would be hit.>> Perhaps. A better strategy would be to buy actual 3 month T-bills...or wire transfer to an FDIC-insured institution... Got passbook accounts?<NG>

To: GraceZ who wrote (27524)	10/12/2000 6:03:12 PM
From: Monty Lenard	Respond to of 436258

Grace, back in 97 I had my XBroker move my mutual fund cash from a MM to a Treasury Backed MM. He thought I was crazy and I have thought I was for about 3 years now. :-) Monty