Rowe Price is the kind of company that doesn't grow or shrink rapidly in response to the markets. Their pattern over the years has been to expand when the wind is behind them and to hold their own when the wind is against them. It's not surprising that a value-oriented manager like T. Rowe Price wouldn't show dramatic growth in a market that's been against their style until last year." But 2000 wasn't all bad for T. Rowe. Some investment strategies did attract positive net cash flow. Mr. Norwitz pointed to the $4.5 billion in new net cash that flowed into four growth equity mutual funds. This year, net outflows of nearly $4 billion from its two largest value funds - Equity Income and Growth & Income - are likely to be reversed if the market continues to favor the company's more value-oriented investment style, Mr. Norwitz said. And rather than dwell on the past, T. Rowe Price has a plan for global expansion.