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

To: yard_man who wrote (45042)	1/30/1999 11:02:00 AM
From: Bonnie Bear	Respond to of 132070

Check out "new perspective fund" it's one of the big 401K funds that has Mu as a top holding...the way the 401K game is played is one of timing, the money is captive in the account but the 401K holders can move money out of the fund into "stable value" several times a year...the 401K fund manager pumps and dumps, he doesn't care, the bigger the market cap is, the easier it is for him to dump. So the fund manager makes HIS money on options, the active fund holder makes his money on market timing, and the passive buy-and-holder gets a money market return, or worse, on average. Suggest you wait until you see this fund start to break down as a Mu sell indicator. :-) March and April are pretty good bets. This particular fund was for LMT 401K...as you can see, LMT stock has been dumped to prop up the tech stocks...so another indicator is selling exhaustion in LMT Remember that the fund managers all have to window-dress quarterly statements so one of the options looks good...usually the options fit into the categories of index fund, a growth fund, a value fund, a bond fund and stable value. And company stock.