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Technology Stocks : Stratex Networks, Inc. (STXN)

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To: lazarre who wrote (865)	3/2/2000 11:06:00 AM
From: Rob Preuss	of 1762

Thanks Lazarre, Here's another tidbit from today's news... Source (and fully story): fnews.yahoo.com Mutual Funds Mar 02, 2000 February Surprise: Tech Is Back! Staff Writer: Judith Graham (3/2/00) The tech sector took a drubbing in January but bounced back strongly in February, benefiting many of the month?s top performing mutual funds. [snip] In the stricter tech fund segment, Firsthand Technology Innovators (NASDAQ:TIFQX - news) ranked among the top 10 highest returning funds for the month with a 44.34% return. Its holdings include wireless plays Digital Microwave (NASDAQ:DMIC - news) , NaviSite (NASDAQ:NAVI - news) and Concentric Network (NASDAQ:CNCX - news) . Firsthand Funds? Director of Research Ken Pearlman attributes the fund?s strong performance to a combination of good timing and the fund team?s methodology. ?Certainly one of things you have to realize is that this is a tech stock ? we?re all tech all the time. When you combine that with the current frenzy for tech stocks, we?re in right place at right time,? Pearlman says. Pearlman adds: ?We try and stay in touch with all the trends. Unlike other shops that are more idea-driven, we take a little different approach to investing in tech. We identify trends and segments that we want to be investing in and exclude those we don?t want to be investing in. And within those trends, we determine the bottlenecks.? [snip]

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