What Rajiv likes according Barron's-AOL,Intel,Ebay.
EBay, AOL Liked by Digital Century's Chaudhri, Barron's Says
By Aimee Picchi
New York, May 8 (Bloomberg) -- EBay Inc., America Online Inc. and Intel Corp. are among the stocks liked by Rajiv J.Chaudhri, founder of technology-oriented hedge fund Digital Century, Barron's reported. Chaudhri likes eBay because it's the leading person-to-person electronic-commerce company that doesn't take on the risk of holding inventory, while No. 1 online service America Online has the potential to double its earnings for the next several years; Intel will benefit from increasing demand for personal computers, he said. Chaudhri said he doesn't like semiconductor equipment maker Lam Research Corp. because its revenue growth rates will be slower than competitors as its market share has declined, and he doesn't like Internet service MindSpring Enterprises Inc. because it lacks a brand name and the size to compete with AOL, Barron's said.
Chaudhri, a veteran semiconductor analyst, left Goldman,Sachs & Co. in 1997 to start Digital Century.
quote.bloomberg.com |
