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Strategies & Market Trends : Van Wagoner Funds

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To: Benjamin W. Palmer who wrote (18)	2/7/1997 11:19:00 PM
From: Michael Burry	of 76

From Mutual Funds Magazine, Here are the poorest-performing domestic diversified funds in the last three months: Fortis Capital Appreciation "A", -11% Dean Witter TCW Mid-Cap Equity, -9% Van Wagoner Mid-Cap, -8% Van Wagoner Emerging Growth, -8% Calvert Strategic Growth "A", -8% The last three months have been pretty good for the market. Now I can understand if we're talking value funds here, but this is sad. This kind of return in a good market, and yet these are not the safest funds in a down market either. Mike

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