Hi , mind if I file this here?
biz.yahoo.com
AUSTIN, Texas, Jan. 18 /PRNewswire/ -- Paul Martin, portfolio manager for the Martin Capital U.S. Opportunity Fund (MCUSX), predicts that the Nasdaq composite index will reach approximately 4250 by the end of December, 2001. This would represent an annual return of 70%.
``We are still in the midst of the greatest bull market in U.S. history,'' according to Mr. Martin. ``The U.S. economy is too powerful to be knocked off track by short-term factors. U.S. companies are the most productive and innovative companies in the world. As we head toward a global economic village, the dominant U.S. brands will only become more valuable. Furthermore, with record amounts of cash on the sidelines, the market won't wait for those who are trying to anticipate the 'perfect' time to re-enter the market. We could see the market jump 20-30% before anyone knows what happened.''
The no-load Martin Capital U.S. Opportunity Fund focuses on those mid- to large-cap companies that the advisor feels will benefit from a growing global economy.
Fund holdings include Dell (Nasdaq: DELL - news), Qualcomm (Nasdaq: QCOM - news), Sandisk (Nasdaq: SNDK - news), Palm (Nasdaq: PALM - news), and Corning (NYSE: GLW - news).
Got back in SNDK a couple weeks ago :O) |