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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: Risky Business who wrote (11058)4/18/1998 3:17:00 PM
From: paul e thomas  Read Replies (3) of 13949
 
RISKY, The people <like many of the SI posters,who bought Y2K stocks a year ago made some money in 1997 but the real money has been made in 1998 for those holding service companies. In any event the volume created by all the SI crowd is a drop in the bucket compared to the purchases of the mutual funds. The study I reported on summarizes the activity of the best mutual funds.e There will be a lot of Mutual Fund Lemmings following the lead of the funds who bought recently.The initial funds buying the service companies were the aggressive risk takers,we are moving into the funds who do considerable due diligence. The next and largest group will be the lemmings.
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