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Jacob's Internet Strategy Hits Bump in Road
Since Ryan Jacob launched the (JAMFX Quote)Jacob Internet fund on Dec.13, he's stuck to the style that made his old fund, the (WWWFX Quote)Internet fund, No. 1 in 1998.
He buys relatively cheap mid-cap Internet stocks and spurns pricey "blue-chip" tech juggernauts like Cisco (CSCO Quote) and Intel (INTC Quote).
That approach isn't paying off so far this year. His new fund is down 2.5% since Jan. 1 and is trailing most of its competitors, including his old fund. ...
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