Technology funds delivering double-digit negative returns so far this year are actively trying to control the fallout.

Although their advertisements seem to have tapered off, the websites and shareholder communications of technology funds faring badly are addressing their poor performance directly, but delicately. Many point to bright spots the fund companies foresee in particular technology sub-sectors including wireless, bandwidth and cellular towers. Many are predicting a rebound and meanwhile are describing the downturn as a tremendous buying opportunity.

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