May 28, 1999

Data show investor interest in Internet stocks slowed sharply last week, as Internet funds pulled in just $34 million in new money; funds have been bringing in average of more than $200 million a week, for total of $1.3 billion, since sector's high in early April; Investment Company Institute says in all categories, stock funds drew $25.5 billion in new money in April, but overall fund sales have slowed considerably this month; Trimtabs.com Investment Research estimates that investors have pulled more than $3 billion out of stock funds since market turned down on May 14; AMG Data Services says Internet-stock funds took in $470 million in net new deposits in week ended April 14, more than 10 times $34 million recorded in week ended May 26 (Market Place column) (M)

Ben Ratliff Critic's Notebook guide to upcoming jazz events in New York, including JVC Jazz Festival and other group and individual performances; photos (M)

Article on race horse Charismatic notes that with victory in Belmont Stakes, he would sweep Triple Crown; photos (M)

International tribunal in The Hague issues arrest warrant for Slobodan Milosevic, Yugoslav President, charging him and other senior officials with crimes against humanity in Kosovo, including murder, forced deportation and persecution of ethnic Albanians; Louise Arbour, chief prosecutor, says arrest warrants for Milosevic and four of his top associates had been served on all member states of United Nations and on Switzerland; others accused in 42-page indictment are Milan Milutinovic, Serbian Pres and long a close aide to Milosevic, Dragoljub Ojdanic, chief of staff of Yugoslav armed forces, Nikola Sainovic, Deputy Prime Min of Yugoslavia, and Vlajko Stojilkovic, Minister of Internal Affairs; in effect, charges brand Yugoslav Government as a criminal regime, an extraordinary development; indictment clearly changes terms of hectic international quest for peace settlement to end two-month-old NATO bombardment of Yugoslavia; charges of crimes including forced departure of 740,000 ethnic Albanians from Kosovo this year and murder of more than 340 identified Albanians instantly turns Milosevic into little short of an international pariah (L)

Morgan Stanley Dean Witter suspends two executives in connection with $10,000 payment to informer Charles Luethke that led to arrest of Christian Curry, former employee; says it made 'mistake in judgment' last year when it paid Luethke to set up police sting operation against Curry, who had been dismissed; Curry adds false arrest to his discrimination lawsuit demanding $1.35 billion in compensation; Morgan Stanley pledges firm's cooperation in District Atty's investigation into $10,000 payment; suspended executives are reported to be Carol Bernheim, lawyer, and Monroe Sonneborn, managing director (M)