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Technology Stocks : Avant (AVNT)
AVNT 30.59+0.7%Nov 28 9:30 AM EST

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To: Cosmo Daisey who wrote (2027)1/7/1998 10:28:00 PM
From: Bill Wexler  Read Replies (2) of 3441
 
Fidelity should be boycotted.

They are investing money in a bunch of thieves. In a sense, they are also condoning Avant's crimes.

Whatever happened to the good old days when Lynch was running Magellan? Whatever happened to hard work and long-term investments in reputable companies? It seems that nowadays, the Fidelity fund managers (and ex managers such as Vinik) do nothing except play games with momentum gambling and short squeezes.

All this tells me is that I should pull my accounts out of Fidelity and think about hedging my Avant short against volatility. In the long run, I'm sure the good guys will win, no matter how hard Fidelity tries to manipulate the stock.
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