Suggest that you read Investor's Business Daily, 11/16/95: Making
Money in Mutuals: Robertson Stephens Debuts Info Age Fund.
In AOL, go to Personal Finance, choose Investor's Business Daily,
then click on Search IBD, type in keywords Robertson Stephens, search
past 30 days.
Highlights: " 'During the last three years, the same thing has
happened,' he said. 'I call it the next-year syndrome.' Each fall,
investors start trying see what chip-producing capacity will look like
next year and get worried. But Elijah thinks that sales of PCs, which
account for 40% of chip sales, will remain strong through next year.
Demand for DRAM chips have been growing at a 70% clip for the past two
years, he notes. Shipments are expected to climb 65% next year. If
demand for PCs remains strong, they will easily soak up all the new
chips coming on-line, Elijah believes. Thus he sees an opportunity to
pick up many companies with bright futures at cheap prices......
Information Age will concentrate primarily on small-cap and mid-cap
tech companies that provide revolutionary products and services in
areas including multimedia, wireless communications, networking,
software and the Internet. But Elijah yesterday said the fund will
have no capitalization restrictions and will include some of his
favorite larger names such as MICRON TECHNOLOGY INC., INTEL CORP. and
APPLIED MATERIALS INC."
Yours truly in virtual space,
Daniel P. Wirt |
