  We reconsider models of fermion masses and mixings based on a gauge anomalous
horizontal U(1) symmetry. In the simplest model with a single flavon field and
horizontal charges of the same sign for all Standard Model fields, only very
few charge assignements are allowed when all experimental data, including
neutrino oscillation data, is taken into account. We show that a precise
description of the observed fermion masses and mixing angles can easily be
obtained by generating sets of the order one parameters left unconstrained by
the U(1) symmetry. The corresponding Yukawa matrices show several interesting
features which may be important for flavour changing neutral currents and CP
violation effects in supersymmetric models.
