Fund Managers Garret Van Wagoner, Ken Kam Offer Mid-Year Update For Tech Stocks on 'Tech Check' Radio Today
PR Newswire, Wednesday, July 19, 2000 at 12:03
SACRAMENTO, Calif., July 19 /PRNewswire/ -- In stock-picking, as in sports, it isn't over until it's over. Garrett Van Wagoner, one of the titans in funds management, is showing that again in 2000. After suffering through a weak second quarter when all five of his funds showed small losses, Van Wagoner's funds have roared back since June 30 and now all are well ahead year-to-date.
Van Wagoner returns to InformedInvestors.com's weekly "Tech Check" radio program to give listeners an update in the technology sector as we head into the busiest earnings week of the season. Software, telecommunications and semiconductors represent the strongest concentrations of stocks owned by the Van Wagoner Funds.
Ken Kam, fund manager of the Medical Specialists Fund (NASDAQ:MSFQX), will also be a guest. He'll discuss his innovative, new Marketocracy.com, a site where individual investors are given the opportunity to manage a model portfolio. Those who are successful over time may be invited to become a fund manager.
Catch today's show on WALE 990 AM in southern New England, or on the Web at www.informedinvestors.com and broadcast.com at 1 p.m. Eastern time (10 a.m. Pacific time). Send questions during the show to co-host Tim Quast at tim@informedinvestors.com.
Van Wagoner operates five funds bearing his name -- Mid-Cap Growth (NASDAQ:VWMDX), Technology (NASDAQ:VWTKX), Post-Venture (NASDAQ:VWPVX), Micro-Cap Growth (NASDAQ:VWMCX) and Emerging Growth (NASDAQ:VWEGX). Year-to-date performance as of July 18 range from a 20% gain for the Post Venture Fund to 36.4% for the Micro-Cap Fund.
As of June 30, 2000, the following companies dominated the top five positions in all Van Wagoner funds -- Ariba (NASDAQ:ARBA), Interwoven (NASDAQ:IWOV), Netro (NASDAQ:NTRO), Storage Networks (NASDAQ:STOR), Cobalt Networks (NASDAQ:COBT).
InformedInvestors.com is the leading producer of online and offline industry-specific investment conferences for individual investors and offers a growing stable of resources for in-depth sector-analysis including its two weekly radio shows, "Tech Check" and "BioTalk," airing each Wednesday.
InformedInvestors.com's next two conferences are the 9th Biotechnology Stocks Forum on July 21-22 in San Francisco and the 5th annual Semiconductor Stocks Forum July 29 in Palo Alto. Get information at www.informedinvestors.com or call 800-992-4683.
SOURCE InformedInvestors.com
-0- 07/19/2000
/CONTACT: Tim Quast or Steve Chanecka of InformedInvestors.com, 916-780-6100, or 800-992-4683/
/Web site: broadcast.com
/Web site: informedinvestors.com |
