For the most part, I think it's going to be difficult (for Internet funds) because they are all focusing on the same names like Cisco and Sun.
More Quotes from Steven Tuen:
Short messaging services has been the driver of the growth for these companies and I'm not sure if the average investor realizes this. They see an Internet company that recently turned profitable and that's been enough ammo to bid the stocks higher.Steven Tuen
The expectations are built up so high that anything less than perfection will cause the stocks to fall.
Steven Tuen
They need to strike more alliances with other portals so people will see their ads. This means their selling expenses will be high to pay for such deals and that's a huge risk.
Steven Tuen
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