Y2K (Year 2000) Stocks: An Investment Discussion Message Board

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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: Nanda who wrote (11011)	4/17/1998 2:49:00 PM
From: paul e thomas	Read Replies (3) of 13949

BUYS BY SMARTEST MUTUAL FUNDS IBD initiated a new study in the 4/17 issue which shows the stocks that the best mutual funds have bought recently.There are about 350 stocks listed. The mutual funds are only those funds with at least a A- rating. IBD tabulates only those stocks with the high EPS and Relative price strength ratings. Among the top 25 stocks there are 5 y2k service providers(SYNT,IMRS,MAST,CBR,AND CBSL.The table shows the $ invested by funds that didn't own the fund before.New IMRS purchases are 26 MM$ while 12mm$ was added by mutual funds previously owning.The total new purchases of the 5 stocks is 39 million $ compared to 35mm$ added by funds already owning.1 fund bought SYNT for the first time 3 bought each of the other 4(not necessarily the same funds bought each stock)The new purchases of IMRS account for 2.5% of the market capitalization.THE IBD STUDY CLEARLY SHOWS THE SMART MONEY IS NOW GETTING ABOARD THE Y2K SERVICE TRAIN.NANDA IS THE ENGINEER OF THE TRAIN.

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