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Technology Stocks : Network Associates (NET)
NET 199.54-1.4%10:58 AM EST
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To: AlienTech who wrote (4485)3/24/1999 11:25:00 PM
From: mrknowitall   of 6021
 
Ahhh . . . as in those who kow-tow to the likes of the inimitable Mr. Larson from time to time? Hmmm . . .

We love them when they drive the prices up and we flagellate them when they drive the prices down.

You hit it - it is a game. We are amateurs. They are pro's. The internet trading explosion merely makes the pool of suckers larger. As a percentage, those who play and win are probably much smaller than before those of us in the great unwashed masses started putting our paltry sums into the game.

Suffice it to say - caveat emptor. Know the company and the people who run it. There are far too many factors beyond the scope of our knowledge or our sources of accurate information to play against those who really do know.

If you made a ton of money off NETA, great. You did because you were lucky to have put in when the market was in love with Larson & Co. If you lost money, you were unlucky because someone with more, shall we say, "accurate" information made their moves before you and we could.

This is a game stock - it doesn't pay dividends - they live off the fat of the change in stock prices at the expense of those who pay more than it is or will be worth. Welcome to the late 90's and the immediacy of lunacy driven by the speed of trading at the mercy of information dealers.

Mr. K.
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