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Strategies & Market Trends : Fidelity Select Sector funds

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To: MoneyPenny who wrote (4680)7/7/2002 7:52:32 AM
From: Julius Wong  Read Replies (1) of 4916
 
MoneyPenny:

I know several SI threads opened up backup threads at iHub. You have two threads already. Good planning.

The INSP stock price sunk 99% ($130 in March 2000), but the company is alive and doing quite well, compared to other tech companies. It has a market cap $158 M, book value per share $1.78, cash per share $0.68, current ratio 5.71, quick ratio 5.50. The low stock price problem could be solved simply by a 10:1 reverse split.

The lack of news updating on SI's Home page could be (1) ready to close down, (2) computer server problem. It will be Jain's decision to keep SI open or fix the server. I hope he will keep SI open and fix the server bugs.

I post at the Fidelity Funds thread. Get ready for next week.

Julius
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