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Technology Stocks : Intel Corporation (INTC)
INTC 46.48-3.6%3:59 PM EST

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To: Mark Brophy who wrote (5982)12/4/1996 9:51:00 PM
From: Fred Fahmy   of 186894
 
Mark,

<<Intel has historically returned 28%, so the heavy weighting of Intel
in the Grove Select Technology Fund has clearly dragged the overall
returns of the fund down.>>

I'm confused. Comparing apples to apples Intel has increased approximately 250% over the time frame in your table. This is almost double the average increase of 132% and higher than all but Radisys. How has this dragged down the overall return? Am I missing something??

Regards,

FF
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