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To: accountclosed who wrote (13834)12/28/1998 12:20:00 PM
From: Bonnie Bear  Read Replies (1) | Respond to of 86076
 
I noticed something interesting....Schwab's funds don't care how stupid the valuation of a stock is, they just deal with market cap. So the internet companies, and Schwab stock itself, is added to Schwab 1000 and International Index funds when the market cap gets large enough. The bloated blimps are being used to prop up the index funds.
Whenever selling goes on somewhere else (like Japan) the bloatware can be bloated some more to keep the indexes balanced. There's not a lot the SEC can say about fraud on a stock like Amazon and Yahoo, after all.
The feds added liquidity again. Insane!