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.

Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Robert Graham who wrote (12421)	7/20/1998 1:34:00 PM
From: Dom B.	Respond to of 42787

Good morning, Bob...great post, as usual. I was reading American Century's (Ultra: TWCUX) semi-annual report over the weekend, and much surprised to find your idea about rotation right on the money: Q. Have you made any significant changes to the portfolio since Oct. 31, 1997? A. Yes. In the past, Ultra has taken very large positions in technology and healthcare because we found earnings acceleration in these sectors. During the 2nd half of 1997, we sold several long-term technology holdings at healthy profit when our system of identifying earnings acceleration increasingly pointed toward other areas, including telecommunications, broadcasting, retail, media and cable companies... Q. Which stocks or sectors contributed to performance this past six months? A. AOL was our top performing stock. The shares climbed early in 1998 after AOL announced a 10% increase in its monthly unlimited access fee. AOL's subscriber base continues to grow with the increasing popularity of the internet. The company has also been a leader in the sales of advertising space on the WWW. The second-best performing stock was PFE. (No need to post why!)...Software providers and retailers were also among Ultra's best performing industry categories. Despite negative press, MSFT continued to dominate the O/S marketplace, pricing remained firm, deferred revenue continued to expand, and a new product cycle will emerge in 1999... Bob, I know that CPQ was dumped early Feb and CD was added to the portfolio...the managers think CD's problems are short-term, and its owned brand names - Ramada, HoJoes, Coldwell Banker, Century 21 and Avis, are winners in their field... Top 10 Holdings = GE, AOL, TIME WARNER, CD, MSFT, SERAS, TCI (merging with T), WMT, WCOM, AXP. Good luck to all...//dom