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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Kailash who wrote (17121)	1/20/1999 11:31:00 AM
From: McNabb Brothers	Read Replies (5) \| Respond to of 18691

Kailash, It could be that more people are beginning to wake up and realize they can do better by investing in individual stocks then by investing in mutual funds. I've always wondered why someone would pay fees and have to pay taxes every year on capital gains distribution when one can buy individual stocks. I read the other day that that 95% of all mutual fund managers under performed the S&P 500 index last year! In my opinion it is harder to pick a mutual fund then it is to pick individual stocks. One should study the fund itself and if he or she does then they could study a stock just as easy. I'm still very bullish on the big cap and the blue chips stocks and will be for the forseeable future! Still selling naked calls on a lot of the internet stocks which continue to go down or at least leveling out such as AMZN, EGRP, and DBCC! Hank