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To: H James Morris who wrote (49103)4/6/1999 10:46:00 PM
From: Sarmad Y. Hermiz  Respond to of 164684
 
James,

That's why his fund, one of last year's best-performing mutual funds with a total return of 70.5%, has already sold its stakes in such winners as Yahoo, AOL, eBay and Amazon.com. Why? Valuations are just plain too high, he explains.

interactive.wsj.com

The elephants are selling to the daytraders, don't you think ?