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Re: ELI_R post# 40270

Friday, 08/08/2003 9:14:05 AM

Friday, August 08, 2003 9:14:05 AM

Post# of 432677
Carefull, this is a lagging stat that has no basis in reality today. Institutions are human and are pissed off. Our saving grace may be that IDCC with it's steep decline in market value, leaves room in institutional portfolios for accumulation back to core levels. That's if they believe in the story.
Generally the ENRON mentality prevails and they head for the hills. Moreover, the Russell 1K has less of an audience than the Russell 2K.
Conclusion: Absent significant developments in true factual business momentum(not management puffery) institutional figures are likely to decline.

Rand
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