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To: Les H who wrote (181276)7/19/2002 7:51:56 AM
From: Les H  Read Replies (1) | Respond to of 436258
 
China to build own version of Windows 98

theregus.com



To: Les H who wrote (181276)7/19/2002 8:45:36 AM
From: stan_hughes  Read Replies (1) | Respond to of 436258
 
Les - Interesting theory, and it might cause what you describe in some quarters. However, would you not also expect a lot of that excess cash to just find its way back out the door via unit liquidations, rather than promulgate compliance-driven purchases?

From the sell side - I keep hearing about certain stocks cratering not because they themselves have gigantic problems but because something else in the same port does, so the good stocks with the better bids are getting sold to raise the cash to meet redemption demand. I equate this strategy to pouring water on the weeds instead of the flowers, but WS does a lot of things I think are stupid.

Would you happen to know where one could quickly scare up a list of the most widely held stocks by funds with low cash positions? As the whip comes down, those stocks are going to get especially whacked big time IMO