Tech That, Peter

Fidelity's Lynch once did great without owning tech stocks. If you think you will now, get real

The brass at Fidelity will cry foul, as may the entire mutual-fund industry, which is in sore need of a new superstar. But here goes, anyway: Give it up, Peter Lynch. This stuff about never having worked on a computer and wanting little to do with technology stocks is stale. Very stale. You've got good company in Warren Buffett, another totemic technophobe. And I'm not saying to load up exclusively on tech stocks. But it's plain silly to encourage plain folks to avoid them. They're not that difficult to understand. If you can figure out Maytag, you can handle Dell.

Whew!...

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