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Technology Stocks : Comverse Technology

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To: Trader Dave who wrote (956)12/22/1999 2:09:00 PM
From: NotNeiderhoffer  Read Replies (1) of 1331
 
TD,

Listen up you whiner. You want deal allocations? Ditch the loser buy and hold thing and start playing the game. I bet Ark funds and Van Wagoner are getting allocations of the new new things.

per thestreet.com article (the 100% club) today-then check out the links to their mutual fund section

Annualized Portfolio Turnover

Ark Small Cap Fund-- 733%

Van Wagoner Emerging Growth--646%

churnem and burnem baby

733%-what does that work out to? An average holding period of about 30 trading days?

BTW-today is a historic day on wall street. We witnessed a new paradigm in price targets. David Garrity's $1,000 price target on CMRC makes Blodgetts $400 target on Amazon a year ago look wimpy and might get him a little publicity to boot.

NotsurehowmuchVALinuxGarrettgotonthedealNeiderhoffer
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