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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket. -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (262)	3/31/1999 6:46:00 PM
From: Monty Lenard	Read Replies (1) \| Respond to of 2103

G Jim, those 2 funds are dynamite. They are doing it in the little ones. Must have a heck of a stock picker working for them.

To: James F. Hopkins who wrote (262)	3/31/1999 7:08:00 PM
From: Monty Lenard	Respond to of 2103

Jim, here are some funds that are similiar to the 2 Van Waggoner funds you mentioned. BARAX & FASCX Micro Cap OAKVX Emerging Growth Just a FWIW. The Van Waggoners carry a 1 star rating while these others carry a 3 star. Morningstar Category: Small Growth. Small-cap growth funds focus on stocks with market values of approximately $1 billion or less. These funds tend to favor companies in up-and-coming, rapid-growth industries. As a result, they frequently hold Internet, software, networking, medical-device , and retailing stocks. Because these businesses are in their early growth stages, these funds tend to be quite risky.

To: James F. Hopkins who wrote (262)	4/17/1999 11:55:00 AM
From: Les H	Read Replies (1) \| Respond to of 2103

re: Van Wagoner They're getting into the internet IPOs before they come public. See below. I recall Kaufman funds used to do that. I guess if one flips those IPOs enough, that strategy no longer is available to the fund. Van Wagoner Funds Garrett Van Wagoner's Net strategy has helped propel his two small company funds to the top of the small-cap charts after a miserable 1997 and a rebuilding 1998. His $425 million Emerging Growth fund ranks No. 2 among all small-cap funds in 12-month returns, up 74%; his $85 million Van Wagoner Post Venture is No. 1 for the same period, up 102.5%. Van Wagoner invests heavily in communications. "A theme in the portfolio is getting people connected," says Peter Kris, managing director at Van Wagoner. "We talk to a lot of telecom companies involved in the development of wider bandwidth and making efficient use of voice, data and video as a means of communication." With so much of the emerging technology tied to the Internet, Kris says the firm is constantly bumping into companies involved in Internet strategies. "We end up learning what's happening in the Valley," he says. Unlike the Janus managers -- whose fund's charter dictates they buy companies either at their IPO or in the after-market -- Van Wagoner has the flexibility to invest in Internet companies before they go public. And he often does. "It's not really a big part of our strategy," says Kris. "It's a product of our research." Van Wagoner took stakes in high-speed equipment maker Com21 (Nasdaq:CMTO - news) and iVillage before they became public. Com21 is up 173% since its May 21, 1998, IPO. Netro, a wireless broadband access play, is yet another emerging firm on which Van Wagoner is betting. The San Jose-based company is targeting the automatic teller machine market with a product that would enable the machines to use wireless data transmission. The company is still private. Buying Internet firms before they go public is a strategy that may seem risky to some small-cap managers. But getting in on the ground floor of fast-growing firms is what small-cap investing is all about. One thing's for sure: While others continue the Net-investing debate, those managers with a little Web bravado are making peers pale by comparison. article on small caps cbs.marketwatch.com