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Net Fund Favorites.(Industry Trend or Event)

By Gunn, Eileen P.
Publication: Internet World
Date: Monday, November 15 1999

Financial advisors are steering buyers away from volatile e-commerce stocks. Twelve mutual funds now focus on the Internet, with another 15 on the way, and only a handful of those are over a year old. The four funds that are established manage only a total of $1.8 billion. However their year-to-date growth ranges from 49% to 102%. Other analyses are given.

Advisors are steering away from volatile e-tail stocks

WHERE DOES the Internet's future growth lie? For some answers, we turn to the people whose sole job is to hunt down the most promising long-term plays in the s

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