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.

CNET News staff
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