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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: William who wrote (26744)11/28/1998 12:07:00 PM
From: Gottfried  Respond to of 70976
 
William/all, "Money funds record huge inflow

New cash flooded into money market funds, while only trickling into
stock funds in the four days ended Tuesday, AMG Data Services said.
Investors poured a net $9.83 billion into money market funds in the
four-day week, after sending $8.82 billion into the funds in the previous
week. In the same week one year ago, money market funds took in a net
$1.21 billion. The huge inflows are becoming common for money market
funds, which function as a parking place for cash until investors dive
back into the markets."


www5.mercurycenter.com

Individual investors are smarter than I thought.

Gottfried