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To: Mohan Marette who wrote (404)1/19/2000 10:33:00 AM
From: Mohan Marette  Respond to of 1583
 
Fund update. Courtesy yesterday's WSJ.(Fidelity's Aggressive Growth Fund)

1/18/00 WSJ

Fidelity's Aggressive Growth fund, which grew to $15.2 billion in assets at year-end from $11.5 billion at Oct. 31, slightly trimmed its technology holdings to 46.8% at year-end from 47.9% at Oct. 31, Fidelity reported in the year-end Mutual Fund Guide.

The Aggressive Growth fund, managed by Erin Sullivan, returned 103.02% in 1999 vs. 39.18% for the Lipper Mid-Cap Fund Average, Fidelity said.

New to the fund's top 10 holdings at year-end were: Microsoft Corp. (MSFT), America Online Inc. (AOL), Motorola Inc. (MOT), Mannesmann AG (G.MNN), Qualcomm Inc. (QCOM) and Citigroup Inc. (C).

They replaced Intuit Inc. (INTU), Realnetworks Inc. (RNWK), Tyco International Ltd. (TYC), MCI Worldcom Inc. (WCOM), and Verio Inc. (VRIO), which were in the top 10 at Sept. 30.

Remaining in the top 10 at year-end were: Exodus Communications Inc. (EXDS), Brocade Communications Inc. (BRCD), Foundry Networks Inc. (FDRY) and Cisco Systems Inc. (CSCO).

The Aggressive Growth fund's holdings were more concentrated at year-end. The top 10 holdings represented 39.1% of total assets at Dec. 31, up from 27.7%, at Oct. 31. The fund held 143 stocks at year end, down from 171 stocks at Sept. 30.