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Technology Stocks : Intel Corporation (INTC)

INTC 51.13

+5.9%

1:28 PM EST

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To: William E Hodal who wrote (6799)	12/23/1996 12:07:00 AM
From: Paul Engel	of 186894

William and Anybody - Re: Mutual Fund Managers" From The URL listed, biz.yahoo.com the following comment was made: {====================================================================} "Mutual fund portfolio managers who have underperformed the S&P 500 Index this year will use the last days of 1996 to get rid of poor performers and bulk up on the stocks that have done well, such as International Business Machines Corp , Intel Corp , Microsoft Corp . " {====================================================================} My question is this - Do these Fund Managers, after unloading their TURKEYS and then buying IBM, INTC and MSFT for the last few days of the year, tell their contributors: "We have stocks in our portfolio that have doubled or more this year" - ignoring the entire truth which is that these stocks doubled without them owning the stock prior to the end of December? Paul

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