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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Boplicity who wrote (4091)9/28/2000 5:02:35 AM
From: stockman_scott  Read Replies (1) of 65232
 
Re: << Janus on Track for 1st Monthly Outflows Since 1997 >>

Greg: You know when Janus is having a tough time its NOT a good year at all for most momentum investors. Janus was riding quite a wave right through to the peak of the market in March. IMO, they bet too heavily on some questionable internut plays (like AMZN, HLTH, and PCLN)....they have also been hurt with HUGE POSITIONS in stocks like NOK...There are other stronger Fund Families....Yet, Janus' long term record is still quite impressive. The question is how soon will they be able to shore up things and bounce back? I don't have the answer --->> let me know when you do..;-)

Best Regards,

Scott
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