In Brief: Dec. 11, 2000

GIVE IT UP With tech funds down more than 20% on average, 2000 is a good bet to be the first time in 15 years that the funds lose money. After NASDAQ hit bottom last week, a spate of brokerages issued pleas to stubborn tech-boom day traders to give in and learn to invest rather than just trade. Hot but stable sectors being championed include pharmaceuticals and municipal bonds.

CHRISTMA$ CHEER They may not be shiny and red, but several financial firms are offering a holiday gift idea for kids--youth-oriented growth funds. The funds generally have low entry fees ($250 to...

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