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Tech Industry

A short road to tech profits

It's no surprise that tech mutual funds performed poorly in the first quarter, as stocks across the board suffered in a weak market. Yet investors who were "short" sighted, so to speak, did better than most.

It's no surprise that tech mutual funds performed poorly in the first quarter, as stocks across the board suffered in a weak market. Yet investors who were "short" sighted, so to speak, did better than most. Tech-fund managers barely managing
Only two tech-fund managers were able to post gains in a turbulent first quarter that saw the average tech fund down 34.4 percent.
April 2, 2001, 11:35 a.m. PT  
The tall and short of short funds
Q&A In a bear market, short funds tend to be among the highest performers, though very few funds focus exclusively on short-selling.
April 2, 2001, 3:00 p.m. PT  
VCs more frugal in first quarter
U.S. venture investments fell to $14.5 billion in the first quarter, nearly half the level raised a year ago.
April 2, 2001, 3:45 p.m. PT 
previous coverage
Tech mutual funds fall flat
February was the worst month for tech funds since October 1987, as the average tech fund lost a stunning 27.9 percent last month alone, according to Morningstar.
March 9, 2001, 10:00 a.m. PT