re fund flows: <A HREF="http://www.amgdata.com" target="_new">http://www.amgdata.com</A> <A HREF="http://www.trimtabs.com" target="_new">http://www.trimtabs.com</A> > Q1 is always a big inflow of 1st of yr money perhaps, speaking relatively, but last year i believe they were kinda flat (flows still going into bonds) and the year before that, primiarly outflows. q1 2000 was off the scale (blowoff). q1 2004 beat it.