Telecom is the glue that holds the new technologies together.|
Many of the telecom companies are profitable and growing at rates faster than those of the internet.
Qualcom stock appreciated 2000% last year due to its CDMA technology. How does one take advantage of the huge growth rate of these companies?
Buying the fund PBTCX in 1999 would have returned 318%. This fund is managed by Jeff Wrona, a co-founder of the Munder Net Net Fund. Mr. Wrona is no stranger to volatility and has the guts to buy when the techs are down which contributes to this funds outstanding performance.
Currently its top ten holdings as of 3/31/00 include INSP, JDSU, BRCD, BRCM, RRRR, NSOL, SDLI, JNPR, VRTS, and SCMR.
This thread invites discussion of timing of entry [or exit] from the PBTCX fund as well as discussion as to its core holdings. Discussion on Telecom in general also welcome.
Current fund price NAV of 65.7