In the last few days, most Net funds were up 20-to-25 percent. The Internet is a good long-term prospect with great growth opportunity. |
Investors should take a long-term view and diversify. Invest a small amount in a basket of stocks, and hold them for at least two years. |
The underlying growth opportunity of the Internet is enormous. We have only about 40 percent penetration in the U.S., and maybe close to 15 percent abroad. So there's lot of room to grow. |
What we try do is cover a broader representation of Internet stocks for our investors. So we tend to invest in a number of sub-segments, within the Internet sector, B2C, B2B, infrastructure software, infrastructure hardware, and so on and so forth. |