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Technology Stocks : America On-Line (AOL)

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To: ZOOB who wrote (18904)5/27/1999 12:29:00 PM
From: Venditâ„¢  Read Replies (1) of 41369
 
Internet Fund Managers Let Their Buying Do the Talking

But if that's a traditional rearview indicator, the moves of the Internet managers Wednesday, following four straight days of losses in the sector, could signal things are changing. All four Internet managers TSC interviewed Wednesday say they're buying -- at least selectively. The TSC Internet index was up 4% Wednesday.

While he wouldn't talk about new names in his portfolio, Alexander Cheung of the $50 million Monument Internet fund says he is adding to existing positions in RealNetworks (Nasdaq:RNWK - news) , Securities First Technologies (Nasdaq:SONE - news) and America Online (NYSE:AOL - news) because their battered prices now look like bargains.


fnews.yahoo.com

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