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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: Nanda who wrote (10766)4/6/1998 5:45:00 PM
From: paul e thomas  Read Replies (1) of 13949
 
DUE FOR A CORRECTION
Prior to today my portfolio had been up for 9 days in a row. I looked at todays WSJ first quarter mutual fund comprehensive report which shows best sector fund was best overall fund. It was up 102% on a 12 month basis. I believe every diversified Y2K investor should have beaten that performance.My fully margined portfolio net value was up 700%.This strong performance was primarily due to successful short term trading in 1997 in a broad variety of Y2K players and concentration of investment $ in early 1998 in IMRS,SYNT, and TAVA.We are due for a correction in the not to distant future.
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