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Strategies & Market Trends : Van Wagoner Funds

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To: Allen Salo who wrote (66)	4/25/1997 3:38:00 PM
From: Roger Smith	of 76

It is very difficult to find where the bottom is. It seems that any stock that corrects more than 50% in a day, is being held by VW or PBHG or PUTNAM funds. I am holding PBHG and VW funds. I bought these funds in Jan'97 (at the peak), so I will have to sit tight for a while.

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