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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 2.71+0.7%10:25 AM EDTNews

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To: TGPTNDR who wrote (104825)11/6/2003 2:07:21 AM
From: David R of 273472
 
RE You were invested in a 'tech fund'. What did ...

Well, there were good funds, and funds run by idiots. A tech fund that lost 30-40%, IMO was reasonably managed. A fund that lost 65-80% was run by idiots that bought into the Pets.com, YHOO is a 250B company nonsense.

Anyway, I anticipated the decline, and pulled my $$ out of the fund (T Rowe) at the end of 1999, and put it in T bill fund (where it still sits). I missed the 85% drop, but watched in amazement.
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