The Internet Fund: WWWFX - Fund for the 21st Century? Message Board

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Strategies & Market Trends : The Internet Fund: WWWFX - Fund for the 21st Century?

WWWFX 68.29

-1.5%

Nov 18 4:00 PM EST

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To: astyanax who wrote (131)	4/17/1999 12:35:00 AM
From: James Thompson	of 213

Netconductor: Excellent, timely post. Just today a more conservative friend (who is still tied to a full-service broker - guess where her information comes from) warned me to be careful with my net stocks because "they" are going to bring the prices of net stocks down based on their price earnings ratios. She also warned about sector rotation, inferring that the net is old hat, and money will start flowing into blue chips and small caps again while ignoring the net. I don't see it as anything long-term, and I can't believe how many people still think that the Internet is a passing fad that has run its course. I would appreciate some educated comments on her warnings. Long on CMGI, MSGI, AOL, and WWWFX Jim

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