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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (31464)8/24/1998 5:26:00 PM
From: Bald Man from Mars  Read Replies (1) | Respond to of 132070
 
Michael:

which is the next sure thing, like DELL ...
how about Cyberguard, it got so beat up it could not
go any lower ...



To: Knighty Tin who wrote (31464)8/24/1998 7:27:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 132070
 
MB...what do you think about RMBS puts?



To: Knighty Tin who wrote (31464)8/24/1998 10:29:00 PM
From: Scando-American  Read Replies (1) | Respond to of 132070
 
MB,
Ah, Confucius. What does this mean???

mercurycenter.com

Published Monday, August 24, 1998, in the San Jose Mercury News

Knight Ridder News Service

Pull back the stock market curtain and you'll find institutional
investors feverishly working the strings.

That's what individual investors long have suspected, and that's
what the respected New York-based research group the
Conference Board has confirmed.

The Conference Board reported that institutional investors control
about 60 percent of the stock in the 1,000 largest U.S.
corporations, with control becoming more and more concentrated
among the largest 25 institutional investors. In 1987, institutional
investors controlled 46.6 percent of the stock in the nation's
largest companies.

The top 25 institutional investors include large mutual fund
companies such as Fidelity Investments, Putnam Investment
Management and T. Rowe Price Associates; big insurance
companies, including the Equitable Companies, Travelers Group
and Prudential Insurance; and broad-based retirement funds,
including the California Public Employees Retirement System and
the New York State Common Retirement Fund.

Those 25 largest investors controlled 19.7 percent of total
outstanding stock in 1997, up from 16.7 percent in 1996.

In recent years, individuals have provided institutional investors
with such a large infusion of cash that fund managers have no
choice but to invest in large companies.

c1997 - 1998 Mercury Center. The information you receive online from
Mercury Center
is protected by the copyright laws of the United States. The copyright
laws prohibit any
copying, redistributing, retransmitting, or repurposing of any
copyright-protected
material.

Scando