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To: stomper who wrote (203657)	11/8/2002 11:50:00 PM
From: Joan Osland Graffius	Read Replies (2) \| Respond to of 436258

stomper, I was visiting with a person today and we were talking about 401k's and this person was talking about the poor selection of options and had put a fair amount of capital in the money market fund offered by the provider. I suggested he look at the debt held in the money market fund and if it had some like low quality debt a short term US treasury fund could be safer. The immediate reaction was he thought money market funds are 100% safe. Still more education ahead for the US investor. <g> Morgan Stanley has 15% junk telecom debt in their default brokerage money market fund - at least this was true 9 months ago.