America On-Line (AOL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : America On-Line (AOL)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jorge who wrote (3268)	1/25/1999 12:36:00 AM
From: Warren Gates	Read Replies (2) of 41369

WHY FUNDS LOVE AOL? AOL lifted a lot of funds above the S&P index benchmark last year to the detriment of the index fund holders. Before it was added to the S&P index, funds who did not own AOL didn't have much to lose. If the index funds didn't have it then, then it was still an even ball game. BUt now that it's part of the index, I could feel the pain these not-too-sold-on-AOL fund managers are having. They hate to buy it at these levels but they just have to, in order to keep the playing field level. Sometimes, in order to beat the index, you just buy its top performers and discard the laggards. And to think that we pay these guys 1% of the fund assets.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next