SI
SI
discoversearch

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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (129568)10/16/2001 8:48:35 AM
From: Box-By-The-Riviera™  Read Replies (2) | Respond to of 436258
 
doesn't he remind you somehow of andy warhol?

big can, no soup



To: Lucretius who wrote (129568)10/16/2001 9:29:20 AM
From: sun-tzu  Respond to of 436258
 
it's either blatantly criminal behavior or he is heavily medicated.



To: Lucretius who wrote (129568)10/16/2001 9:33:36 AM
From: Knighty Tin  Read Replies (1) | Respond to of 436258
 
Luc, Lynch can keep a straight face because he has zero sense of humor.



To: Lucretius who wrote (129568)10/16/2001 9:57:57 AM
From: Dr. Jeff  Read Replies (1) | Respond to of 436258
 
Fidelity's Magellan Assets Shrink 23 Pct.

Tuesday October 16, 9:48 am Eastern Time

BOSTON (Reuters) - Fidelity's Magellan fund, once the largest mutual fund in the nation,
reported on Tuesday its total assets have shrunk to $71.6 billion down 23 percent for the first
nine months of the year.

Returns were almost as bad. Magellan reported year to date earnings for the first nine months
were down 20.53 percent. The S&P 500, its benchmark, was off 20.39 percent for the
period.

The fund dropped AOL-Time Warner (NYSE:AOL - news) from its top 10 holdings and replaced it with retail giant Wal-Mart (NYSE:WMT - news). Between Aug. 31 and Sept. 30, Magellan also decreased its cash on hand to 5.5 percent from 6.1 percent.

Fidelity's monthly report shows Magellan increased its holding in the financial sector slightly to 20.4 percent, up from 19.9 percent in the past month, and decreased its holdings in information technology to 11.1 percent from 13 percent for the same period.

Magellan, one of the most widely held mutual funds, is closed to most investors.

biz.yahoo.com



To: Lucretius who wrote (129568)10/16/2001 1:26:23 PM
From: Bull RidaH  Read Replies (1) | Respond to of 436258
 
But you're supposed to be bullish because the market is "up 60 fold" since WWII. Doesn't that get you at least a little hot & bothered? -g-