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Strategies & Market Trends : Fidelity Select Sector funds -- Ignore unavailable to you. Want to Upgrade?

To: Bob Pressler who wrote (2512)	4/7/2000 11:25:00 AM
From: Angler	Read Replies (3) \| Respond to of 4916

Bob: Pardon my butting in, BUT today is the 7th and I hope you folks buying Fido's sector funds are doing it in retirement accounts because if you're not, and you bought earlier you are going to pay a huge capital gains tax on distributions being made today. I'm moving some back in this AM. I didn't realize the impact on my taxes until my accountant floored men with the profit statement made last year trading and selling Sector funds outside of my IRA. It was humungous and now most of those funds that I didn't move out of this last ill fated month are well down. I'm heading for index funds. Angler