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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject10/23/2000 2:52:57 PM
From: johnsto1   of 37746
 
BOUT...
Business Week
Eavesdropping on the Morningstar Mutual-Fund Confab
At this fund managers' get together.
Excerpt:

RS Internet Age Fund (RIAFX) co-manager Cathy Baker has seen the chart of her fund's price trace the outline of a witch's hat this year -- up a lot at first, then down a lot. For the year, it's now off 1.4%. She advised caution on the shattered shares of consumer-focused Internet plays, many of which have had to pay too much to acquire customers and so have lousy business prospects. An exception, in Baker's view, is About.com (BOUT), which has organized a network of Web sites. She sees it turning a profit within 12 months.
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