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Tiger Crowd Still Sweet on Internet Stocks
Though Tiger Cubs, like others, shed some high-flying Internet holdings in the first quarter, the group still solidly backs the sector, data show.
The mid-March sell-off in momentum stocks apparently spooked the four dozen or so hedge funds managed by individuals who have some sort of historical tie to Julian Robertson Jr.’s Tiger Management Corp. In the first quarter a number of these so-called Tiger Cubs, Seeds and Grandcubs either trimmed or totally unloaded
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