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To: akmike who wrote (1139)10/24/2000 4:00:23 PM
From: Bob Kim  Respond to of 46821
 
akmike, Re: do you think from ML's perspective "performance" is defined as commissions generated?

No, but for a few areas yes. The drivers for institutional and retail business are different, but both groups tend to hate it when a stock they push blows up. I'd think they would like to show a stock performance record that would support the fees that are charged.