Meet the Street: A Momentum Investor Sticks to His Guns

For investors these days, the light at the end of the tunnel known as the economic recovery is not as consistently bright as they'd like it to be.

But Richard Driehaus, chairman of Driehaus Capital Management, a Chicago mutual fund company known for its aggressive small- and mid-cap momentum investing style, has his eyes firmly on the prize. He believes the market bottomed last September and that the economy is beginning to show fits and starts of a recovery.

Richard Driehaus Chairman, Driehaus Capital Management

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Perhaps even more surprisingly, Driehaus funds own a number of Internet stocks, including search engine Overture(OVER Quote) which is down 11% year to date through Feb. 14 after returning 385% in 2001; and Websense(WBSN Quote), an Internet-tracking company that has followed a similar, though less dramatic pattern. This stock is down 13% this year after returning 121% in 2001. ...