Hi Stuart. Congrats on CMGI and INSP. Though I don't hold CMGI since I divested my WWWFX, I'm also quite happy with INSP. I'm happiest of all with my 19 shares of Softbank. Originally bought the first dozen shares at $202 little more than 4 months ago and it's now nearly $750. I finally hit the big one (it's scaringly high - top 5 Japanese company, just surpassed SONY).
Anyway, to get my really detailed thoughts on everything about The Internet Fund - it's all at the Raging Bull WWWFX forum, and click on my username there to see all my posts. But if you want a summary in a nutshell, well... all the net funds are doing quite well now that we are fully into the long-anticipated Q4 rally in net stocks.
I hope you heard today that the Jacob Internet Fund sent out press release today announcing it has finally been approved by the SEC. As for comparing net funds, well, WWWFX has been a laggard, though the last 3 months is too soon to tell:
quicken.excite.com
Anyway, my fav funds at the moment (which are more technology than pure Net) are Firsthand Tech Innovators (which is closing probably the end of this week), Dresdner Global Tech, and Janus Global Technology. As for my fav Net fund, I don't really have one - I guess i'm my own manager at the moment, with 7 tech stocks,5 of them net plays. If Steve Harmon ever opens up the Net fund he's been talking about for ages, I will follow it closely.
In the meantime, the latest press article quoting me on Net funds is at CBS Marketwatch.com (it mentions briefly what I note about WWWFX's changes):
cbs.marketwatch.com
Good luck!
- Netconductor.com
>>stuart wrote:
Nice bounce for WWWFX. Of course it hasn't touched the returns of my INSP and CMGI since September but I
sold WWWFX at 31. Wishing I'd held.
NC, got any scoop on WWWFX's new plans? Anything brief would be appreciated.
Much thanks,
Stuart |
