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 : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Mr. BSL who wrote (9989)	11/22/1998 5:30:00 PM
From: Al Serrao	Read Replies (1) \| Respond to of 34810

Hi Dick, try this link. netnet.munder.com Sorry I'm not familiar with this fund and I'm surprised Fidelity hasn't come up with a sector fund in the internets. However, Munder runs an excellent small cap fund you also may want to look at. If I'm not mistaken they combine two mangers each specializing in value and growth so you're getting the benefit of whichever is hottest at the moment. Long term studies that I've read give the benefit to the small cap value over growth. Like all stats you want to read before you leap. My experience tells me to go for the best manager. By the way, picked up some Hi-Yield bond funds for the income side of my portfolio. As you recall this sector tanks whenever there is the hint of recession and the past year has been brutal on them. Current yields are 10-11%paid monthly up from yields of 8-9%. I think with the Fed pumping money like mad the risk of recession is starting to fade. This asset class just gave a BULL ALERT and BP stands at 22%. Great field position!I like Fidelity, now up 5% in a week and Northeast Investors Trust. Both are NL,have excellent managers,low expense,and large portfolios to spread that risk. I look for them to trade back to yields of 8%-9% within 18 months provided the Fed keeps pumping. Total returns are projected to be within 15%-25% with lower risk than small cap equity. For an even higher yielding Fund you can look at Dreyfus, but this is a very small portfolio and has a high concentration in wireless. Stay well.