Net Stocks Still Shine for Mitchell Rubin

Many companies tried to dominate the business of Web searching back during the Internet bubble, but only the trio of Google(GOOG Quote), Microsoft(MSFT Quote) and Yahoo!(YHOO Quote) emerged as the true 800-pound gorillas in the space.

Unfortunately, that's a lot of gorillas, even in a space as vast as the Internet.

Mitchell Rubin, portfolio manager of the $141 million (BIOPX Quote)Baron iOpportunity fund, says the shift in advertising dollars from traditional to online media will keep all three giants well fed for the time being. But he says Microsoft may have trouble keeping pace in the long run and could be better off simply sticking with software. Rubin's fund, which specializes in Internet-related stocks, is up 2.64% year to date, and has returned 5.3% annually over the past five years. ...