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Technology Stocks : Kopin Corp. (KOPN)
KOPN 2.450-3.2%Dec 24 9:30 AM EST

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To: kinkblot who wrote (1397)12/22/2000 1:58:03 AM
From: SJS  Read Replies (2) of 1820
 
From the "now I know why" dept:

FMCSX (Fidelity MidCap Stock Fund) Semi-annual report dated 10/21 (a mere 2 months ago):

Q: Were there any dissapointments [in the fund]?

A: While I reduced technology holdings substanially [from 38.9% 6 months ago to 12.1% now, on 6.3 Billion net assets]I probably should have moved earlier that I did. DoubleClick, the leader in Internet advertising fell sharply as the Internet market slowed. Kopin, which produces wafers for wireless handset. was a successful investment for the fund over the longer term, but it hurt performance during the 6 month period. I sold the fund's positions in DoubleClick and Kopin.

Steve
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