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Strategies & Market Trends : PBHG Funds

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To: mike fredricks who wrote (47)8/9/1996 2:22:00 AM
From: Martin P. Smith   of 268
 
I own PBHGX PBTCX and PBHEX. Heck I hate these funds ;-)

I think the Growth fund still has legs it is not massive by mutual fund stndards and Gary Pilgrim would close it again if he felt it was getting too big. ( he re-opened it early this year when he saw it's size was not affecting performance adversly).

The tech fund has performed well and has bounced back well after the correction ( up 5.87 % from April 30th ). It has recovered better than growth.

My personal favorite is the select equity becuase of it's investment philosophy (sp?).

My mix in these funds is

PBHGX 25%
PBTCX 25%
PBHEX 50%

I think the techs as a sector have corrected there are still some overvalued techs however. Conversly there are still some value techs to be cherry picked.

Martin

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