SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VocalTec (VOCL)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ted Downs who wrote (907)11/26/1997 9:44:00 AM
From: Guy E. Fleming  Read Replies (1) of 2349
 
Ted:

Sometimes, the mutual funds that sell huge blocks of specific stocks give long-term investors a good buying opportunity by temporarily reducing prices. You have those tell-tale moments when you wonder why a particular stock is headed down despite the good results or news and you have to seize the moment if you believe in the company's fundamentals.

I agree that the huge mutual funds, like many of the Fidelity brand, have too much influence on prices. Perhaps the size of any individual fund should be limited by regulation.

However, mutual funds are here to stay and a powerful and, for many, a useful force in the investing business. They are a main reason for the rapid market growth and popularity of stock investing as they make Wall Street accessable to the average person. I think to say that you'll "never put a dime" into mutual funds is, with all due respect, a valid personal choice but short-sighted and impractical for most investors.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext