Replies to post #91533 on Wave Systems Corp. (fka WAVXQ)

[keV]

Of Course They Can Buy...

They simply choose not to, per their self-imposed rules.

There's absolutely nothing legally preventing them from investing/buying WAVX, other than their own rules.

Wouldn't it be great though if they were to offer a Security/Privacy Fund !? WAVX would be the purest play in the internet field !!

[mymoneybgone]

Snack I think you should check your statement.


http://www.morganstanleyindividual.com/markets/fundcenter/morganstanleyfunds/


I checked my Oakmark prospectus and for laughs went to the Morgan site and randomly checked about 8 different funds, among them Growth, Aggresive, and balanced - no Index funds Not one mentioned a dollar amount that prohibited the fund from investing. They did however state what protion of the fund , be it 75% etc would be invested in equities. My Oakmark fund makes no mention of a pric, only stocks that are deemed undervalued, but never a price barrier.

Dave