Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Nokia (NOK) -- Ignore unavailable to you. Want to Upgrade?

To: Joar who wrote (4589)	5/6/2000 11:44:00 AM
From: Wyätt Gwyön	Respond to of 34857

Joar, I quoted that in all facetiousness, hoping to get Tero's response. Here is the intro on the analyst, who is not anonymous. AN INTERVIEW WITH HOWARD WARD ~ Being anointed one of Wall Street's wizards in a recently published book on investing hasn't gone to this pro's head. (His kids certainly remain unimpressed that he's been elevated to Harry Potter status.) Ward still picks and chooses blue-chip growth stocks with as much attention -- if not more -- to traditional measures of value than to rip-roaring revenues and sky's-the-limit prospects. He's humble enough to concede luck has as much to do with stock-market success as art and science have, but the stellar track record he's built through the years is not the result of waving any magic wand. As manager of the $3.6 billion Gabelli Growth Fund and the $450 million Mainstay Blue Chip Growth Fund, he has gained a reputation for consistency and for benchmark-beating returns. Not only does he display a knack for picking stocks, he also has a talent for picking his spots. Never a follower of dot.com fashion, he reduced his positions in numerous technology stalwarts in January and February, concerned that they had been bid up to unreasonable and unsustainable levels. That move, in addition to adding more defensive names to the portfolio, helped the funds continue to outperform during the difficult stretch that began March 10. By staying diversified, keeping a "tight, manageable and researchable" portfolio of 50 names or so, and sticking to conservative valuation models, he's taught his shareholders something of what it means to manage risk. With a name like Ward, who would expect anything less? For what he's thinking and buying, please read on.