Re: Hambrecht & Quist
I just ran across the following recent article:
"1998 CRN Mutual Fund -- Despite Earnings Warnings From Bellwether Companies, Stocks Continue To Hit Record Highs And Contestants Are Riding The Bull Market"
techweb.com
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As usual, the results of the leading Mutual Fund players have been even better. Todd Bakar, senior technology analyst at Hambrecht & Quist, jumped out to a fast start and continues to lead, with a portfolio value that has gained 48 percent and is at $148,181 to start the second quarter.
Each of the players began the yearlong contest with a $100,000 hypothetical investment in six stocks. Two of the stocks remain in place for three months, two for six months and two for the entire year. Contestants include investors, analysts, portfolio managers and channel executives, who pick under code names. The CRN Grab Bag is made up of stocks picked at random.
Both of Bakar's three-month picks in the first quarter, Compuware Corp. and Dendrite International Inc., saw strong gains during the period, rising 54 percent and 48 percent, respectively. Bakar's six-month pick of Digital Generation Systems Inc. rose 55 percent in the first three months of the year.
For his new three-month picks, Bakar has chosen Macrovision and Verilink Corp.
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Regards - Dale |
