Fund Managers Prefer Direct Communication When Getting Company Information

SPECIAL REPORT

NEW YORK--Despite the overwhelming technological advances made on the Street, institutional investors still prefer the old-fashioned method of face-to-face communication with company management over more technological methods, such as surfing the Web and hitting companies home pages.

Some 92 per cent of fund managers' preferred one-to-one meetings as a method of maintaining relationships with the companies, according to Reuters' "1998 Survey of Mid to Smaller Companies," which was conducted

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