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Strategies & Market Trends : Fidelity Select Sector funds

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To: Julius Wong who wrote (1040)	10/10/1998 10:28:00 AM
From: Angler	Read Replies (2) of 4916

Julius: That LTCM hedge fund apparently even owned DELL along with Danish Mortgage and Cuban sugar futures. As they unwind I wonder what effect it will have on many good stocks as they held over 700 million in common stocks. I finally got a shot at DELL last week at 43 3/8 after the big drop in Techs, and I wonder if some of that drop was not related to hedge funds liquidation? So what might be next? Wait and see. A buying opportunity? One things for sure, Mr. Greenspan will have no arguments in lowering rates soon and then might we not all become well again. Thanks for your usual good observations. Angler

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