Bullish Sign for Tech/Internet Stocks

One of the more bullish signs I have seen in some time for technology and Internet stocks is this: Ryan Jacob’s formerly high-flying Jacob Internet fund is flying again, having turned in an annualized 23% return over the last five years — and yet it only manages $93.4-million. Say what you will about Jacob’s rise and fall and semi-rise, but that retail investors still won’t put money into technology, despite recent outperformance, is bullish stuff.