EXABYTE Message Board - Msg: 8344426

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To: Z Analyzer who wrote (194)	3/16/1999 12:25:00 PM
From: David Bogdanoff	of 218

Z; According to an article on p. C1 in yesterday's WSJ, the current market is narrow because momentum investing is now predominating. Fewer and fewer companies maintain positive momentum over time, resulting in just a small group of apparently consistent performers which attract the numerous momentum investors. As long as this style of investing stays popular, companies like this one will go nowhere, despite the fundamentals. But no one way of investing will stay popular forever. The question is when does the worm turn? David

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