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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Bill Harmond who wrote (11654)5/20/2002 9:00:37 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 57684
 
Any comments on this? So many stocks on the naz have been delisted or merged, etc. this seems counterintuitive.
L

biz.yahoo.com
"When you have less money chasing more shares, you have a bear market," said Charles Biderman, president of Liquidity Trim Tabs, an investment research firm based in Santa Rosa, Calif.

Today, the amount of shares floating in the market is higher than at the end of the bull market in 2000 by $255 billion because company new offerings and sales by corporate executives have overwhelmed stock buybacks and cash takeovers , said Biderman.

At the same time, U.S. equity funds attracted only $82 billion since 2001, much lower than the $247 billion in 2000, according to TrimTabs.