The Wall Street Transcript Publishes Money Manager Comments on
QUALCOMM
NEW YORK--(BUSINESS WIRE)--Aug. 16, 2000--Bruce Simon, Senior Vice President
and Chief
Investment Officer of Glenmede Trust Company, examines portfolio management
strategies in this
timely and deeply informative 3,600-word interview from The Wall Street Transcript
(212-952-7433) or
twst.com.
In a valuable review of investing strategies, Bruce Simon explains his approach to
managing money and
offers specific stock recommendations.
Simon reports, "We've been pushing the concept of diversification for a long time, including
international
and small cap, and it's been a tough argument for the last five years. Over the last year,
for about the
first time that I can remember, we actually have seen small cap and international
outperforming the
large cap US market. So the idea of diversifying outside of the S&P 500 is finally starting
to provide
some payback."
Simon highlights QUALCOMM (Nasdaq:QCOM), "We still believe that their standard, the
CDMA
standard, is the fastest-growing standard, and the stock has been unfairly penalized for
some
short-term performance problems." |
