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Walkingshadow

03/01/01 3:39 PM

#1783 RE: freeus #1747

freeus,

Yes, I look at institutional ownership. IMHO, a lot of listed stocks have held ground because the institutional buyers have fled the NDX techs/telecoms for the safer stocks, CPN among them. Your implication is correct, however: all that institutional ownership spells potential selling power. When I see them heading for the exits, so will I. It will not likely be subtle, as we've seen many times in the past year.

WS