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Technology Stocks : Egghead Computer (EGGS)

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To: Trippi who wrote (6038)1/21/1999 7:53:00 AM
From: Anaxagoras  Read Replies (2) of 8307
 
To all:

TSC has an article this morning that's worth a peek(subscription required):
thestreet.com

Turns out Chicago's John Nuveen & Co. started a unit investment trust, "The Nuveen e-Commerce Sector Portfolio". This UIT "invests in 35 companies geared to make money on, through, or because of the Internet, as well as in the pure Internet plays."

Surprisingly, EGGS is not included (but ONSL is).

"The combination of UITs' popularity and the frenzy over anything remotely related to the Internet has gotten Nuveen's e-Commerce portfolio off to a fast start. On Friday alone, the first day the portfolio was open to the public, Nuveen was flooded with $31 million in cash from investors wanting to buy into the trust."

Anaxagoras
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