Copyright © 2026 Knight Sac Media. All rights reserved.https://www.siliconinvestor.com/subject.aspx?subjectid=28171 The Internet Financial Connection, April 23, 1999 Presented by Mark Johnson, Editor of the IFC techstocks.com It appears exclusively on Silicon Investor techstocks.com -------------------------------------------------------------- To Subscribe to this Newsletter: Send an email to <mailto:ifc-request@mLists.net> with "subscribe" in the message body. Please tell a friend about this newsletter :) -------------------------------------------------------------- This newsletter can be viewed at techstocks.com In This Issue: 1. Cisco, Semiconductors, Attractive To White Oak Growth Fund 2. MindSpring 3. First Data Corporation 4. Javelin Systems 5. Interesting Articles on The Internet by Joe Dancy 6. IFC/SI Reader Highlight: Look Out Schwab, TD Could Score! 7. Disclaimer ---------------------------------------------------------- 1. techstocks.com Joe Dancy, co-editor of the IFC and editor of the The Lone Star Growth Investor members.aol.com provides the following interview with Jim Oelschlager of the White Oak Growth Fund. AudioInvestor.com provides an audio version of the interview. Click the link below audioinvestor.com if you would prefer to listen to the interview. Below is the write up. Named by USA Today as one of the 1999 "All Star" funds, White Oak Growth Fund [http://oakassociates.com/mutualwhite.htm] has averaged annual gains of 30.1% over the last five years, and last year gained 39.5%. Five of the last seven years the fund has beat the S&P 500 average, and the five year performance rates it 5th in a universe of over 7,000 funds. The fund's goal is long term growth, and manager Jim Oelschlager has a disciplined strategy to buy companies with promising growth prospects and hold for the longer term. Last year the White Oak Growth Fund had a turnover of only 6% making the fund extremely tax efficient - the average fund turns its portfolio over around 100% per year. Oelschlager looks for industries and companies that exhibit long term growth characteristics, and likes to concentrate his investments. He focuses on only 15-22 companies and would have a smaller number in his portfolio if SEC rules would allow it. While such concentration adds volatility to the portfolio it increases the chance the portfolio will outperform the S&P 500 average according to Oelschlager, especially for those with a three to five year investment horizons. The White Oak Growth Fund website identifies the top holdings of the fund, which include Cisco (CSCO 113 1/4), Linear Tech (LLTC 62 5/8), Ascend Communication (ASND 97 3/4), Intel (INTC 61 1/2), Applied Materials (AMAT 61 7/8), Compaq (CPQ 23 3/4), Eli Lilly (LLY 75 3/8), and Pfizer (PFE 128 3/8). The fund generally likes larger size companies, especially in the technology sector, since unlike 10 years ago it is easier to identify the dominant companies - many of which have "massive cash flows and no debt." This will allow many of these firms to acquire smaller firms that will add to growt...https://www.siliconinvestor.com/images/Logo380x132.pnghttps://www.siliconinvestor.com/subject.aspx?subjectid=2817138013210