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To: Art Bechhoefer who wrote (113147)2/13/2002 12:04:58 PM
From: Jordan Levitt  Respond to of 152472
 
<<large institutional investors can't devote much time to a company that is so small that a major investment would affect the stock price.>>

Also, even if they take a control position (which often they do not want to do) in a small cap company, it does not constitute a large enough percentage of their available capital to have any meaningful impact.