In Brief: Jan. 31, 2000

HIGH ON TECH? Fidelity Magellan's closely watched portfolio manager, Bob Stansky, seems to keep changing his mind about tech stocks. Last week newspapers reported that he upped his position in techs from 21% to 27% after just recently trimming it. But did he? The shift may say more about the tech sector's appreciation than it does about Stansky's strategy. The lesson: look before you leap after the headlines.

PROTECTION PLAN Putnam Investments is offering insurance on its mutual funds against a stock slump and your untimely death. If you should expire when the market is down, your beneficiaries will still receive...

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