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To: Sig who wrote (10102)	12/11/2002 1:25:35 AM
From: stockman_scott	Read Replies (1) \| Respond to of 13815

Sig: The Janus 20 Fund was a HIGH FLYER in the boom period...I remember when it was featured on the cover of Barron's <G>...They sold their DELL way too soon and I see that one of their top 3 holdings today still is AOL... biz.yahoo.com They also seem to have a big cash position -- so they may have missed part of the run-up off the October lows. Janus 20 is still quite a large fund BUT they need to re-focus their investing or they will not out-perform their peers...JMHO. -s2

To: Sig who wrote (10102)	12/11/2002 1:31:55 AM
From: stockman_scott	Respond to of 13815

The Janus 20 Fund has made a HUGE BET on eBay -- though they may be a little late to the party...we'll see... thestreet.com <<...as of Sept. 30, Janus funds owned 5.27% of eBay, making the fund firm the largest institutional holder, according to institutional-ownership tracker Lionshares.com. The firm owned 16.1 million eBay shares, valued at $1.14 billion based on Tuesday's close. However, the firm had sold 1.8 million shares, or 10% of its stake, before Sept. 30. In recent years, Janus, known for making concentrated bets on certain stocks, has gotten burned by falling stocks such as Nokia, Enron and AOL Time Warner -- unable to move nimbly out of its massive stakes as attempts to pare its holdings continued to pressure the stock. Scott Schoelzel, fund manager of Janus Twenty, couldn't be reached for comment on this story. However, in the April statement, he said eBay "has the potential to evolve into one of the great consumer-branded franchises."...>>