My congratulations to Bob Gintel as well. But did they HAVE to refer to him as a "bottom feeder?" Unfair, I thought. Friggin' media creeps!
>>Bottom feeder leaps to top
The Gintel Fund (GINLX) was the top performing growth fund following
the seven straight days of market advances that ended Friday. To lead the
field of over 400 growth funds monitored by Lipper Analytical for the
week-ended Oct. 22, Gintel gained 16.1 percent. Filling the No. 2 spot
was Texas Capital Value & Growth Portfolio (TCVGX), with a return of
14.4 percent, and No. 3 was the Delafield Fund (DEFIX), sporting a
12.4 percent return for the week. These funds also have in common
positions in the bottom 20 percent of their peer group for the last 12
months.
Gintel, off 25 percent for the year and in the bottom 20 percent for the
three-, five- and 10-year periods as well, is run by Connecticut-based
Gintel Asset Management Inc. Top holdings in the no-load fund as of June
30 included automobile insurer Mercury General Corp. (MCY) at 8.02
percent of holdings; CheckFree Holdings Corp. (CKFR) at 7.86 percent;
and Ogden Corp. (OG), a conglomerate with services, entertainment,
aviation and energy divisions, at 5.06 percent. Mercury, which was at a
52-week high of 70 on July 21, closed up 1/16 to 40 15/16 Friday, up
nearly eight points from a 52-week low of 33 on Oct. 8. <<
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