Blue Chip Value Fund Announces New Portfolio Manager Team.Business Editors DENVER--(BUSINESS WIRE)--Jan. 14, 1999 Denver Investment Advisors LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , investment adviser of the Denver-based Blue Chip Value Fund, Inc. (NYSE NYSE See: New York Stock Exchange : BLU BLU Blue BLU Bluefish (FAO fish species code) BLU Bigger, Longer, Uncut (South Park Movie) BLU Backlight Unit (LCD) BLU Bomb Live Unit ), is pleased to announce that Tim Quinlisk, CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. , and Charlotte Petersen, CFA, will serve as co-portfolio managers of Blue Chip Value Fund effective January 18, 2000. Mr. Quinlisk, Vice President and Director of Value Strategies, will head up the value investing Value Investing The strategy of selecting stocks that trade for less than their intrinsic value. Value investors actively seek stocks of companies with sound financial statements that they believe the market has undervalued. area of Denver Investment Advisors' $9 billion investment management business. Mr. Quinlisk, formerly of John Hancock Advisors, Inc., brings 15 years of experience in research and portfolio management. His specialty is spotting undervalued stocks that have a potential turn-around catalyst, such as new management or an innovative new product. Since 1998, he has co-managed the Hancock Large Cap Value Fund and the Hancock Small Cap Value Fund, which recently have been highlighted in both Barron's and Investor's Business Daily Investor's Business Daily (IBD) is a national newspaper in the United States, published Monday through Friday, that covers international business, finance, and the global economy. Founded in 1984 by William O'Neil, its headquarters are in Los Angeles, California. . Ms. Petersen, a Vice President of Denver Investment Advisors, has 14 years of research and portfolio management experience, working with both value and growth styles, and has been primarily responsible for managing portfolios for Denver Investment Advisors' larger institutional accounts for 6 years. Blue Chip Value Fund, Inc. is a closed-end diversified management investment company whose objective is to seek a high level of total return through capital appreciation and current income consistent with investment primarily in a diversified portfolio of common stocks. The Blue Chip Value Fund will generally be fully invested in approximately 50 common stocks, as well as other equity securities believed by Denver Investment Advisors to represent the best values among those issued by large companies with headquarters in the United States, such as those included in, or similar in size to those included in, the Standard and Poor's Noun 1. Standard and Poor's - a broadly based stock market index Standard and Poor's Index 500 Composite Stock Price Index. The Fund features a Dividend Reinvestment and Cash Purchase Plan. Denver Investment Advisors LLC is the Fund's investment adviser. For more information about Blue Chip Value Fund, Inc., please visit us at our web site, www.blu.com, or call us at 1-800-624-4190. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion