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Strategies & Market Trends : PBHG Funds

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To: SredS who wrote (181)4/3/1997 6:44:00 PM
From: Jim Furley   of 268
 
Mark, I also agree with the long term concept. These funds are getting killed now, but are ripe for a rebound when the market settles down. To try to time the highs and lows statistically doesn't work.

The past few months should show us all why it's important to diversify. Yes, even in mutual funds.

A few months ago I was politely knocking Fidelity's growth funds ( I hold many inside of a 401 k plan). Now, I'm glad I own some of their less aggressive holdings.

Good luck. - Jim

P.S. PBHG likes Cisco Systems (CSCO) and so do I. This stock is one I expect to rebound and be a big winner in 5 years.
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