It's A Tech Stock? Bring It On!
Defining technology broadly has been a winning strategy for Craig Ellis, whose Orbitex Info-Tech & Communications Fund is up 70% so far this year after jumping 52% in 1998. Its 5.75% sales charge would have clipped about nine percentage points off this year's return to a hypothetical investor. That will turn off many do-it-yourself fund pickers, but others still may want to tune in to how Ellis, a former telecommunications analyst, sees the market in tech stocks. He spoke recently with Senior Writer Robert Barker. Some excerpts:
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