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Technology Stocks : TSEM --Tower Semiconductor Ltd.
TSEM 106.34+6.5%3:59 PM EST

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To: Xenogenetic who wrote (18)4/5/2000 6:51:00 PM
From: GraceZ  Read Replies (2) of 60
 
Empirically speaking, the more institutions that are shown to be connected to a stock, the more the lemming retail crowd will follow.

Unfortunately I've been down this road before with any number of companies that I have invested in. The institutions load up quietly, the big name analysts come out and say buy, the institutions quietly off load to the lemming retail crowd AKA "bagholders" and when the whole ponzi scheme runs out of fresh meat the stock price collapses leaving all the real investors shaken, disillusioned and poorer.

No thanks, let's hope for some nice fundamental reason for price appreciation, keep it to ourselves and make the institutions pay up later when they finally figure out there is something here.
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