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Strategies & Market Trends : Fidelity Select Sector funds

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To: Dennis who wrote (754)3/19/1998 11:50:00 AM
From: Larry Dambra  Read Replies (2) of 4916
 
I have to second the motion for FSTCX. Telecomm stocks are really on a very good run, take a look at charts for Lucent (LU), AT&T (T), WorldCom (WCOM), LCI (LCI) duh!, and some of the others. The only thing that bothers me is the absolutely astronomical PE's, but hey I guess the earnings growth is there.

BTW Off topic

Anyone heard anything about Fido's new Small Cap Fund (FSLCF). I know it started trading on Monday, but that's about it. If anyone's got info, I'm interested.

Larry
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