All times EST
Tony Dwyer, Chief Strategist,
Rickel & Associates
Several weeks ago Dwyer told
The Los Angeles Times
that most small cap technology stocks had hit a bottom and the rally by computer-related stocks would continue for some time longer. The market has subsequently proven him quite correct with the tech heavy Nasdaq breaking 1400 this week for the first time in history.
Some chatter on coffee prices.
Charles Brady, Chairman,
The Financial Times
reported that Brady was paid a total of GBP 1.95m in 1996, making him one of the highest-paid executives of a UK public company.
Napoleon Barragan, CEO,
Need one of those beds in a hurry!
Wall Street Journal
reported of Stiglitz's opposition to taxing away the estates of deceased, wealthy individuals. He argues that doing so would impede job creation and income opportunities. Stiglitz has also served as the White House chief economist.
Cornerstone Value Fund
has ranked 598th out of 615 funds in its category, growth and income, with a 3.2% return for the year to date, according to
Lipper Analytical Services
As originally published, this story incorrectly said the Cornerstone Growth Fund had ranked 598th out of 615 similar funds for the year to date. In fact, that fund has ranked 551th of 818 funds in its peer group, growth funds, with a 6.8% return, according to Lipper.
Glen Hiner, Chairman & CEO,
More kawfee talk.
Tracy McCormick Chester,
Kemper Retirement Fund Series
Chester's family of six Kemper Retirement funds (
KRFFC) have performed adequately among other conservatively run funds in 1997 with year to date returns ranging from 3.7% to 5.8% and rankings between 598 and 558 out of 1629 similar funds, according to
Lipper Analytical Services
. And you just have to love those new Kemper ads¿"If you started investing in 1947¿"
Mark Twain Bancshares
Federated Equity Income Fund
Duessel, whose four Federated Equity Income Funds (
LFEIX) have $1.038 billion in total assets, has achieved year-to-date returns ranging from 11.2% to 11.6% and rankings between 193 and 158 out of 813 equity income funds, according to
Financial Communications Associates
Dennis Vacco, New York State Attorney General
Doll's bearish instincts have lead him to have 40% of his $1.4 billion Oppenheimer Growth Fund (
OPPSX) in cash, according to a recent issue of
Magazine. The fund has shown mediocre performance in 1997 with a year-to-date return of 9.16, placing it 903rd out of 1631 growth funds.
Friedman, Billings, Ramsey
In a February interview with
, Ellison conjectured that even though banks have recently performed well, they are poorly run and are not realizing their true potential. For the full story, click
W. Bowman Cutter,
Timothy Voake, CEO, Peregrine Brokerage
U.S. Colonial Stock Fund
Of 615 Growth and Equity funds, Stoeckle's $353.4 million Colonial Stock Fund (
CFGBX) has performed admirably with a 14.62% year-to-date return, placing it 13th among similar funds.
Financial World Magazine
Nocera's most recent submission to
examined whether the once seemingly unbeatable
fund family has lost its edge. Looks like another good Bull Session.
Hubert Financial Digest