Sonny, thanks a lot for the Janus 20 update re their top holdings. Not that it matters as much at all in a fund, but what do you think of Dell these days? Looks like Compaq and Gateway and probably soon to follow all the boxmakers have figured out Dell's order on the web, very low inventory, made to order strategy. I wonder about Dell's future growth and lofty PE right now. WRT another of Janus' top holdings, Microsoft, I continue to be amazed that a company that puts out such relative trash as they do continues to fly. I know, their average investor thinks a kernal only comes on an ear of corn and a branch is what you pick apples from, and has no clue about their buggy software. I was just talking to a guy Sunday that does software for a RAID company who said Microsoft software is pure unadulterated garbage. They even have Y2K bugs in Windows 2000 already, they announced themselves!
There I go again, thinking too much, instead of just throwing money at the momentum stocks. Engineers do make the worst investors, you know. Worst case think everything. In spite of the rant, I'm doing just fine, thanks.
Right now, I'm almost fully invested in equities, probably wait for a pullback after some January effect winds down to buy more, including Janus. I can buy it with no fee at Schwab. My other favorite, Fidelity Select Computer, is not available through Schwab.
Thanks again for the Janus info,
Tony |
