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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: robnhood who wrote (15071)	3/21/1998 10:59:00 AM
From: Bonnie Bear	Read Replies (2) \| Respond to of 18056

Russ: I have a lot of AMEX stuff: the bid-ask spreads have been as high as 25%, and they slaughter anybody who doesn't put in a limit order and let the order sit there a while. There's another reason to merge the Amex and Nas: right now the index-fund buying is dominated by a few big companies. It gives the street a chance to clean up the index. I was kinda glad to hear of the amex-nas merger. Hmm...I thought the REAL phrase was "whatever blows up your dress".;

To: robnhood who wrote (15071)	3/21/1998 2:56:00 PM
From: D LEE	Respond to of 18056

Thank you again Russell This sounds like a good thing, an invitation for large cap investors to expand without removing funds from the U. S. Markets. That seems to fit in nicely with the baby boom scenario (retirement planning efforts) and that there are more funds out there today than the stock they can put their money in. From what you are suggesting, they are leveling the fields out of necessity which sounds very reasonable to me. now if Japan had only opened it's markets into Asia.... but then i drift! -g- ....(thinking about gold) Dave