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To: patron_anejo_por_favor who wrote (194453)9/30/2002 10:06:25 PM
From: Earlie  Respond to of 436258
 
Patron:

Just to provide a bit of historical color commentary on the perceptiveness of large pension fund managers,.....

A couple of years ago, I dumped a veritable ton of data on the board room table of a very large pension fund relating to NT. All of the data was negative. Their largest holding (by a country mile) was Nortel. Did they see fit to sell? Nope, at least not until the depth charges started to blow.

Best, Earlie



To: patron_anejo_por_favor who wrote (194453)10/1/2002 2:58:31 AM
From: oldirtybastard  Read Replies (1) | Respond to of 436258
 
``We're buying over $100 million of stocks on a day like today,'' said Christopher Ailman, chief investment officer for the $89 billion California State Teachers' Retirement System, the third-largest U.S. public pension fund.



yeah, so nice of him to let everyone know he's a buyer, dude must be a real mother theresa type character LOL let's all hold hands and buy



To: patron_anejo_por_favor who wrote (194453)10/1/2002 3:04:02 AM
From: stan_hughes  Read Replies (1) | Respond to of 436258
 
And no doubt there's lots more where those shares came from. Who's running these funds anyway, 30-year-olds? Gimme a farkin' break



To: patron_anejo_por_favor who wrote (194453)10/1/2002 9:22:45 AM
From: 10K a day  Read Replies (1) | Respond to of 436258
 
I think they took a vote...and the teachers don't want to retire...