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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Sam Johnson who wrote (7389)10/3/1999 2:12:00 PM
From: Mike Buckley  Read Replies (1) of 54805
 
Sam,

Great post! Don't make it long before you become a second-time poster, third-time, and fourth, etc., etc.

investor bias ... actually IS a fundamental

The best example I can think of that supports that thought is the example of Cisco Systems. Investor bias helped propel and sustain the stock at higher and higher levels. Stock-based acquisitions became a significant strategy for the company. The successful implementation of the acquisitions fueled more and more investor bias to the point that the two became inextricably linked.

--Mike Buckley
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