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Technology Stocks : Citrix Systems (CTXS)
CTXS 103.900.0%Nov 2 5:00 PM EST

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To: jhg_in_kc who wrote (7753)4/1/2000 11:11:00 AM
From: David Perfette   of 9068
 
To me, in some ways, this implies elitism, as in when the Rockefellers and other old monied families invest, they are making sound decisions, because there are not enough of them to cause "a bubble." But when the average working man buys shares of stock on a regualr basis, by the volume of his participation, he creates a bubble.

Jhg,

It's not the volume of participation nor the regularity to which an investor, elite or not, puts his cash to work. It's the willingness to pay such a high price that creates a bubble effect.

-David P.
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