Fidelity Select Sector funds Message Board

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Strategies & Market Trends : Fidelity Select Sector funds

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To: Julius Wong who wrote (3482)	3/7/2001 10:36:44 AM
From: Angler	Read Replies (1) of 4916

Julius: I attended a Bio Tech seminar last fall that included Ronald Garren as one of its presenters. He has a news letter, Biotech insight, also that we subscribed to for a part of a year. My interest overall in small biotech cos. especially startups is restrained since I can't figure out what most of them are doing. Idec Pharmecuticals had to be one of the best bets one ever made going from 28 to over 200 when I had it in my sights. I just never bought enough of it and never looked back for two years while it took off. I was too interested in PC technology. He is a very savvy guy. So I would certainly follow some of his recommendations him being a surgeon by occupation. Your references to Bios are well taken. I don't know that a sector fund mgr. has any foot up on any investor betting on one or a few of these stocks. The sector is very volatile. Angler

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