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To: 10K a day who wrote (150618)	12/8/2002 1:45:13 AM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 164684

you can't have the huge short squeezes any more tho...cause all the floats and shares outstanding are so big... Actually, I don't think thats true. I posted something from yahoo this last summer that said that after all these delistings, the number of naz listed stocks are at a 19-year low. 19 years ago was the mid-80s, think about the number of individual investors then (none)... a lot of people didn't even have self directed ira's, and the worldwide stock market leader was Japan not US. Anyway starting this summer there have been a lot of reverse splits and even more consolidation... just yesterday IBM bought RATL. Cmrc will be gone soon and others in software. So not much supply. I'm not really up on pension fund liability problem... these things aren't insured or anything are they... I suspect benefits get decreased and the problem just goes away. Theres a lot less public pressure about pensions since those under 40 almost never get them anymore. I doubt any big US companies go down over the issue... bwdik? Lizzie