While we engaged in numerous partial sales before finally closing out that AAPL position in December 1999, our average gain topped 200%.

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The president's statement, made while Greenspan was in the hospital undergoing surgery for an enlarged prostate, was given partial credit for yesterday's modest market rally in which the Dow Jones Industrial Average and the Nasdaq both climbed by 1.9%.

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They have trounced most competitors by returning an average of 27% to 29% a year since then, not counting partial years, according to returns published in fund documents and reviewed by the Journal.

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