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To: Raymond Duray who wrote (2126)7/25/2001 8:53:36 AM
From: Chip McVickar  Read Replies (1) | Respond to of 12410
 
Ray,

WSJ has an article on MF flows today.

Lipper Inc says investors put $18.4 bill of new money to work in June (last month available).., marking the 3rd consecutive positive month and the best since January. Most going into value and bond funds. But Lipper only uses Estimates."

Next week the Investment Company, the largest trade group of the mutual fund family, is scheduled to release its assets numbers next week which are based on survey's of its members. You can easily guess who's the last to know.

"Overall, the latest numbers, while positive, show somewhat lackluster interest by investors in stock funds.... they are unenthiusiastic, but they're not running for the hills."

Most new money is going into bond funds, value funds or balanced funds....! Another point made is that more then half is directly related to retirement accounts.

There was no mention of any money standing off stage in the Greenroom.