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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: johnd who wrote (36734)1/18/2000 2:00:00 PM
From: John F. Dowd  Respond to of 74651
 
johnd: And remember as recently as a month ago Magellan asked that their charter be changed to allow them to hold one stock as 25% of their entire portfolio. What stock might that be? JFD



To: johnd who wrote (36734)1/18/2000 2:16:00 PM
From: taxman  Read Replies (1) | Respond to of 74651
 
lucent? tyco? guess they are human just like us.

thanks for the post.

regards



To: johnd who wrote (36734)1/18/2000 6:30:00 PM
From: carl a. mehr  Respond to of 74651
 
johnd and all, Something does not figure

<Magellan, which is closed to most new investors, had $105,939,500 in assets under management at the century's end. It
began the decade with $12.70 billion in assets.>

Unless the word billion is missing, the fund is down by a factor of 1:120.
What gives?...humble carl



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