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To: Dave who wrote (24520)1/12/2004 7:34:09 PM
From: Howard R. Hansen  Respond to of 60323
 
Thanks for the information. I didn't know you could get so much information about a company on NASDAQ's Web Site. However, I did notice NASDAQ posted data on institutional holdings and MorningStar posted data on Mutual Fund holdings.



To: Dave who wrote (24520)1/12/2004 7:37:13 PM
From: Steve 667  Respond to of 60323
 
That's interesting. They define institutions to include mutual funds:

"Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission. Major institutions are defined as firms or individuals that exercise investment discretion, over the assets of others, in excess of $100 Million. Major institutions include financial holdings companies, banks, insurance companies, mutual fund managers, portfolio managers, self managed pension and endowment funds. The report is limited to equity securities, including common and equivalents, convertible preferred and convertible bonds. The report does not include fixed income, real estate, or cash equivalents. Reports are filed within 45 days after calendar quarter end with the vast majority of updates occurring near the 45th day of the quarter."

They are showing 92% instead of 98%

Still very high by comparison to other companies. Not sure what that means though.

Steve