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Technology Stocks : Nortel Networks (NT)
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To: Z268 who wrote (7676)10/26/2000 8:37:48 AM
From: John F. Dowd   of 14638
 
Z268: Yes there are multiple camps. They are divided into the leaders and the followers. The Peter Principle is demonstrated in spades in the fund management business. I have a niece who is very sweet and a nice girl but she wouldn't know a photon from a bon bon yet she manages some humongous billion dollar fund. But she is always on top of where the market is going I am sure as she follows the crowd. That is why so few of the funds ever beat the market.JFD
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