Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: stomper who wrote (190744)	9/5/2002 3:16:07 PM
From: stan_hughes	Respond to of 436258

That would be the fine print paraphrased more or less as the following - "Investors are advised to refer to the section entitled "Suspension of Sale and Redemption of Units" and "Rights to Limit Redemptions" in the offer document." Yes, it's in there all right, but IMO it would require a central figure to harness all the MFs under a single yoke to act this way in concert, and they would indeed have to act in concert -- we can't have Charley able to cash out while his neighbour Bob's fund chooses to restrict -- so no matter what the prospectus says, I think you can count on the government assuming control, with Wall Street more than happy to shift the apparent blame over to the feds for the whole idea of telling people that they can't have their money. I hope we don't get the opportunity to test my theory, I'm quite happy with the slowly deflating airbag we have now