WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 168.90

+4.9%

Dec 5 9:30 AM EST

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To: Art Bechhoefer who wrote (19976)	4/5/2001 2:01:25 PM
From: Dave	of 60323

Art, ...you have young, inexperienced portfolio managers (they got the job because they work for less)... I think that may be part of it, but during the mania, their pay was insignificant compared to the gains they could make by simply being herd animals and buying whatever the talking heads were touting each day. That's why the young brash throw-value-to-the-wind Wall Street brat pack was able to push the old-school stodgy number-crunching analytical fogeys aside. Brilliant investors like Soros were impotent during the mania because smart strategic investment was not the winning style. Dave

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