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To: patron_anejo_por_favor who wrote (173899)6/19/2002 3:19:03 PM
From: Tom Smith  Respond to of 436258
 
if the pension fund managers are not allowed to throw every last dime of J2P's money onto the bonfire of the equities, then the terrorists have already won.....



To: patron_anejo_por_favor who wrote (173899)6/19/2002 3:29:04 PM
From: Alias Shrugged  Respond to of 436258
 
LOL

On a different topic, I see the air slowly leaving the market. Are you gonna tell me this little rally was no more than options expiration week shenanagins?? -gg-



To: patron_anejo_por_favor who wrote (173899)6/19/2002 7:22:20 PM
From: Giordano Bruno  Respond to of 436258
 
janus trivia

Speculation and nervousness have been rampant since 64-year-old Janus founder Tom Bailey announced last week that he would give up his duties as president and CEO on July 1. (He'll remain chairman of the board.) The move, which comes amid painful fund returns and continued outflows, prompts the question: Could Bailey's departure signal a turnaround for Janus? Not by itself, say fund watchers. "It's like the changing of the guard anywhere, and it's not a big surprise," says Don Cassidy, senior research analyst at fund-tracking firm Lipper, who points out that Bailey has been slowly disengaging himself from the firm for several years now.

That's too bad, considering the fund family's woes of late. For the first four months of 2002, net outflows from Janus equity and fixed-income funds totalled more than $4.3 billion, according to estimates by Boston-based Financial Research Corp.