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To: Andrew Vance who wrote (16478)5/1/1999 7:50:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 17305
 
I forget the exact stat but I could get it for you.....

The fact is, only very few Money Managers beat the SnP. I had the stat on last years's result but like I say, I can get it (just not right now, heading to the golf course). The other thing is, most stocks last year were in a decline.

Hence, one could make a case for this Internet rush.

End of the quarter, Fund Manager is not up to speed....where to go to get the quick "bang"? Buy Internet.

Then you have M. Meeker to rave about EBAY's $0.05 and sell into it, as EBAY rose $25 on that news and Opened on the High Tick of the day. Next day that strategy failed with Amazon but I guess it was worth a shot.

But I think that's the drill....if you are a Money Manager and you aren't keeping up then you dump Drugs (for example) and plow into DOT for the momentum.

The Business Wire stuff I think comes down to Harassment, or at least that's what it looks like. I'm sure a lawyer of theirs will come up with something similar or better.

Gotta run, catch you later.