How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 476.93

+0.6%

Nov 25 3:59 PM EST

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To: jim shiau who wrote (10159)	8/18/1998 8:08:00 AM
From: Mike Milde	Read Replies (2) of 74651

<<As I know, not too many fund managers know computers very well, and they hold MSFT and dump SUNW, and make tons of money. So, who care about knowing computer or not. >> Oh sure, lets buy it just because everyone else is. A lot of fund managers that did that in the early 70's soon lost money big time. I analyzed a database of mutual fund performance data a while back. Choosing funds that have a good track record does not actually improve your odds of picking the right fund for future performance. The only solution is to invest in areas that you understand and have insight into. Mike

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