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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 25.01-16.0%3:59 PM EST

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To: Quad Sevens who wrote (1725)4/11/1998 2:25:00 AM
From: jpbrody  Read Replies (2) of 5736
 
More notes on the Dreyfus holdings.

The Dreyfuss Agressive Growth Fund (DAGF) didn't report any holdings this quarter. (They don't have to if they hold less than 5% of a company.) I was assuming that the difference between what Dreyfus reported and what the Premier Aggressive Growth Fund (PAGF) reported was what DAGF was holding. DAGF could have sold all their holdings, but that would mean another Dreyfus fund would have bought some.

Going strictly by percentages isn't fair because of dilution. Anyone who held this stock for over a year has had their percentage holding reduced some (due to the exercise of warrants and options.)

Also, if you think that fund managers know what they are doing, think again. Check out this investor.msn.com and see what kind of return PAGF has been getting.
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