Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 292.20

-1.2%

Jan 7 3:59 PM EST

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To: Gottfried who wrote (10246)	11/2/1997 1:34:00 PM
From: AlienTech	of 70976

>>I also noticed that the majority of well-performing funds featured in IBD don't beat the SP500 in most years. The investment professionals are seeing a reduction of their exalted status as gurus and they don't like it. The internet gets much of the credit for this.<< Yep.. Its a lot harder to fool people since you can talk to people with a wide range of opinions and information. Just imagine, 5 years ago what happened to CYMI would be a total mystery to everyone who bought it at 50. Now you can talk to others, get press releases, news and information from everywhere. Even find out whats under the rock. None of it means you wont get trashed with the rest, but at least you know its a game and nothing fundamental. And in another few years people are going to figure out that these are games and nothing more. Especially if you are going to get a crew cut..

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