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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (47152)	5/23/2001 10:24:18 AM
From: Ian@SI	Respond to of 70976

Another glimmer... interactive.wsj.com Once Stansky sees the economy improving, we can expect very significant buying as Fidelity Magellan takes its Tech holdings from under 12% to about 30%. ++++++++++++++++ May 23, 2001 Fidelity Magellan Fund Slashes Tech Holdings By JOHN HECHINGER Staff Reporter of THE WALL STREET JOURNAL BOSTON -- Fidelity Investments' $87 billion Magellan Fund has slashed holdings of fallen technology and Internet stars, but could end up buying in the tech sector again this year if manager Robert Stansky sees evidence of business improvement. ... Overall, the percentage of Magellan invested in information-technology stocks fell to 11.6% as of March 31 from 28.5% six months before. ...