Disk Drive Sector Discussion Forum Message Board

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Technology Stocks : Disk Drive Sector Discussion Forum

WDC 163.33

+3.5%

Nov 28 9:30 AM EST

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To: Z Analyzer who wrote (7042)	8/31/1999 12:08:00 PM
From: Robert Douglas	Read Replies (2) of 9256

My question is what is happening to SI? So many threads do not have the activity levels I would expect and there seems to be no quality site to replace it. Yahoo gets activity but getting through the clutter is time consuming. I have wondered the same thing. My theory is that two things have been happening. First, as kind of a mirror to the market, investors are getting funneled into an ever-narrowing list of stocks. These stocks still have active discussions although most of it is along the lines of, "Go Dell", or "I'm selling the stock I bought yesterday at 120 and 15/16, but keeping the shares I bought yesterday at 118 and 3/8". I can't read these boards as they are no help in doing research. Second, and much more theoretical, is my belief that many investors are beginning to realize how difficult it is to make money in the stock market. Many are experts in areas and thought that this expertise would translate into superior investing skills. This group looks for fundamental reasons behind every move in the stock and get frustrated when things don't seem to make sense. They are waking up to the fact that so much of the market is unexplainable in the short run and just don't find that making a dozen posts a day is of any value. I have seen the backbones of many threads go weeks without posting. Some have disappeared altogether. I worry that we will step on a slippery slope and the number of quality posts will keep shrinking. Even more concerning is what I call "Gresham's law of posting" or bad posts drive out good ones. If we lose SI as a source of information exchange as it morphs into Yahoo!, or worse, it will be a large loss to me. -Robert

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