"I didn't get it," said Kevin Rendino, manager of the $9.8 billion Merrill Lynch Basic Value fund, referring to the merger.
The state workers' compensation fund referred him to a busy pain clinic, the Wellness Center in Williamson, a declining coal town of about 3,000 people.
"The real buzz out there is about asset reflation," said Mark Headly, who manages the Matthews Japan fund, referring to rising land prices.
"We have been cautiously adding to some of our positions," said William V. Fries, manager of the $1.5 billion Thornburg Value fund, referring to the technology sector.
Preparing Europe's Bailout Bazooka | The board overseeing the European bailout fund is having its first meeting on Monday in Luxembourg to discuss how to deploy the $650 billion fund, referred to as a "bazooka".
Correction: October 26, 2003, Sunday An article last Sunday about investing in the Janus Mid Cap Value fund referred incorrectly to the trading that Eliot Spitzer, the New York attorney general, said the Janus company had allowed with a hedge fund.
NEW YORK An article in some editions on Friday about a deaf Ethiopian immigrant who received help from an agency supported by The New York Times Neediest Cases Fund referred imprecisely to the immigrant's employment with FedEx.
Correction: February 21 , 2004 Saturday An article on Sunday about turmoil over cost cutting at the Rocky Mountain region's largest foundation, the Daniels Fund, referred incorrectly to the election of Stephen M. Schuck and Brian Deevy to the board.
Correction: March 1 , 2002 Friday A front-page article and a news analysis on Wednesday about Rudolph W. Giuliani's pledge to promptly distribute $100 million from the Twin Towers Fund referred imprecisely to the clients of a lawyer who threatened to sue over the transfer of the fund to Mr. Giuliani's control.
