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To: craig crawford who wrote (114505)1/5/2001 4:55:22 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Craig - Have you checked the figures? I believe the figure was $13 billion in outflows this week by the close of business on Wednesday -- this included the day of the rate cut. The last two days are not yet reported -- but if they follow the trend in would be another $10 billion giving us about $20 billion in mutual fund redemptions this week. I don't have the numbers in front of me, but I believe there was something like $30 billion in outflows in December -- it appears the pace of selling is picking up steam. BTW, as a matter of courtesy, you might check the numbers before using words like "bullshit". There is no way of knowing if the trend will continue -- but at the current run rate we could see $100 billion in outflows taking January and December together.



To: craig crawford who wrote (114505)1/5/2001 5:58:53 PM
From: Mama Bear  Read Replies (2) | Respond to of 164684
 
Good lord craig, talk about needing perspective. When the heck did 2 billion (with a b) shares become 'light' volume'? You sound more and more like the FIBR longs in the days of yore looking for any excuse you can find for the selling to reassure yourself that it isn't going to keep happening.

Regards,

Barb