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To: steve harris who wrote (172654)1/28/2003 1:08:30 PM
From: The Duke of URLĀ©  Respond to of 186894
 
Agree. And those two funds are two of the best.



To: steve harris who wrote (172654)1/28/2003 1:17:36 PM
From: Tenchusatsu  Read Replies (3) | Respond to of 186894
 
Steve, seems like the mutual funds are protesting the cost of the rule, not the actual disclosure itself. Are their objections valid, or are they just trying to scare us?

Personally, I can't imagine the cost of disclosure being all that much. Heck, just publish the facts on the Internet and let investors do a search on the companies they're interested in.

Tenchusatsu



To: steve harris who wrote (172654)1/28/2003 3:22:41 PM
From: Robert Douglas  Respond to of 186894
 
Mutual funds continuing to hide their good ole boy operations looks like a rubber stamp image to me.

Nah. More and more money managers are taking their voting responsibility seriously. It used to be an adage that if you disagreed with management your only option was to sell the stock. That is not the case today. Pension funds like CalPERS take a more aggressive role in influencing the way their investments are managed.

Too bad this poorly managed company didn't listen when CalPERS several years ago when they tried to oust their overpaid chief exec.

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