Fidelity Select Sector funds Message Board

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Strategies & Market Trends : Fidelity Select Sector funds

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To: MoneyPenny who wrote (1781)	4/26/1999 1:48:00 PM
From: Angler	Read Replies (1) of 4916

MoneyPenny: Reference: FAX and FSESX A while back I got off subject talking about FAX - the 1st Aus.Prime Income Fund - we both own. Reiterating, I have not paid any attention to that income style investment for years but thought it was a good one, I must add the last news we got today: As of 4/21/99 M.S.Dean Witter has reduced the rating on this one way down. They give it their lowest rating of all closed end funds. Thought I'd better vent on this in case others might jump in before considering current analysis. I'm not selling anyway. On FSESX I've rolled over a lot of my position now into FSLXX. Buying drillers has been like going to the dentist again. It still appears technology and communication are the world's favorites. Angler

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