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Technology Stocks : Dell Technologies Inc.
DELL 133.35+0.1%Nov 28 9:30 AM EST

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To: Venkie who wrote (118127)4/16/1999 1:01:00 PM
From: TigerPaw  Read Replies (4) of 176387
 
Donnie,
I'm not the kind to repeat rumours, so listen closely the first time! I hear that the Fidelity Magellan Fund has decided that it has a lot of profits in tech and Y2K is an unknown variable, so they are moving out of anything technical and into paper and metals until the next millenium. There are a lot of me too fund managers that are following or thinking of following. I.e. move into something that can't possibly be affected by Y2K (except maybe the born-on date on the bottom of the can). I've been told it can take up to 30 days to move that much money around.

TP - (Rumours are not guarenteed fresh after utterance)
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