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Technology Stocks : Wind River going up, up, up!
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To: Snowshoe who wrote (1875)8/29/1997 10:02:00 PM
From: Allen Benn   of 10309
 
You have your direction of causality wrong.

I will gladly take credit for seeing the likelihood of under-performance by both INTS and MWAR early enough last fall for investors reading this thread to avoid serious losses, but I did not cause the stock prices to break down. The prices fell because the concerns I expressed turned out to be true. Had I been wrong about their respective future performances, the stocks prices would have performed differently, and I would be offering you excuses for bad calls.

Similarly, I doubt that an occasional positive insight about WIND on this thread would move the stock price noticeably. If by chance one did, then the price would soon adjust back. On the other hand, it is conceivable that this thread has aided in the education of some investors, thereby enabling the market to better allocate resources. Information and vision, which I hope at least occasionally surfaces on this thread, help increase the efficiency of the financial market.

Allen
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