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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (28113)	2/18/2002 3:16:22 PM
From: Ditchdigger	Read Replies (2) of 29382

Fidelity "sniffing",,Let's hope thier nose has improved since it "sniffed" Enron,,which apparently passed Fidelity's sniff test<vvbg> (of course, Janus funds thought enron smelled like fresh cut Roses!) "Fidelity' Robert Stansky Fidelity controls $508 billion total assets. Bob Stansky's $79 billion Magellan Fund (FMAGX: news, chart, profile) had $320 million in Enron. Okay, so they have 250 other holdings and Enron was only 0.37 percent. But that's no excuse for not investigating suspicious dealings. The same goes for Steven Kaye's $34 billion Fidelity Growth & Income (FGRIX: news, chart, profile). They had $180 million in Enron. Listen you guys, we're mad as hell and we don't like these lapses in responsibility." marketwatch.com

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