Technology: Nasdaq's big boost


Technology funds got a big beta boost in January with the Nasdaq Composite Index's 4.56% gain, part of a sweeping equities rally around the world. News of missed earnings estimates from a slew of tech companies, including heavyweights Google and Yahoo, also added opportunity for gains as volatility increased. In this field, outperformers include Class A shares of Dan Benton's Andor Technology Offshore Fund, which climbed 7.8% in January, and Class A shares of Philippe Laffont's Coatue Offshore, which rose roughly 7.79%. Galleon Management also did well. Its Explorers Offshore Fund climbed about 6.99%, while the Technology Offshore