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To: Raymond Duray who wrote (15218)	2/19/2002 2:07:24 PM
From: carranza2	Read Replies (2) \| Respond to of 74559

This, from the fellow who wants to short stocks in a 401(k)? Don't make me laugh! This is nuts! We are talking about people's retirement nest eggs and you cavalierly dismiss them as no more than walking around money for a Las Vegas gambling fling. I reject your views entirely! But in good humor, of course. <gg> Wrong once and twice wrong. There is a bit of sophistry to the way this works in the real world. Generally, employer matching funds only accrue to the worker's account if the worker accepts company stock. So, while there is a money market option, it is generally severely discouraged by the way the system is set up. Once the funds inside the 401(k) vest, the employer has absolutely no control over them. Zero. Nada. Zilch. An employer who tries to set up a 401(k) using only his company's stock as a source is asking for huge lawsuits. He would in my opinion be abrogating his fiduciary responsibilities. Plus, most 401(k)s are funded by smaller companies whose stock simply doesn't trade in a national markets.