Reuters Survey Says Fund Managers Bypass Sell Side During Search For Investments

SPECIAL REPORT

NEW YORK--The 1999 edition of Reuters Survey of Mid- to Smaller Company Stocks found that executive management of publicly traded companies and the portfolio managers who buy their shares are both buttressing their use of sell-side research analysts with more frequent direct meetings.

Portfolio managers have pursued this course to search for investment opportunities beyond the largest cap stocks, such as IBM, General Motors, Microsoft and Intel, which drive the major indices and have had the