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Technology Stocks : Nokia (NOK)
NOK 6.730-0.7%Nov 14 9:30 AM EST
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To: gdichaz who wrote (4685)5/10/2000 2:13:00 PM
From: tero kuittinen  Read Replies (2) of 34857
 
I don't want the responsibility for any decisions made by individual investors. I don't want to talk about any stock "taking off", "bringing in a truckload of money" or being a "possible ten-bagger". I literally couldn't sleep at night if I thought some college kid in Idaho is gambling his tuition on that sort of commentary.

So I'm perfectly happy not being respected; you better believe I could have made a grab at being all stuffy and ultra-professional if I had wanted to. It's a matter of calibrating your tone and imitating the stuffed shirts on Wall Street. I chose not to go for that.

As things are, my only responsibility is to my employer and his clients - nobody else. On this board, my tone is light and some of the comments are quirky, because that's the way I want it. I don't want anything to do with striving for some weird "guru" status. The comedy is a message - I'm not making public predictions about short-term price movements. And I'm not doing public investment advice. In my opinion, that's a suckers' game. I don't do the "vision" thing - I write on SI because it's a good way to trawl for professional contacts.

The real investing and telecom pros don't write here; but they read the stuff. And every week one of them contacts me and I get another inside view on what's going on.

There are benefits in playing the Finnish yokel, chaz. As long as I'm not perceived as a professional threat, I get the kind of contacts I would not get if I started playing some second-rate Piecyk clone. This is a tough balancing act - being solid enough to make it seem worth the trouble to contact me, but not making transparent claims on an industry insider status. That's an instant turn-off.

So no - I do not want my ideas being acted on. I'm not on some sad little power trip, trying to influence share price movements. That is impossible for all but 30-50 people working at the major Wall Street houses. I bet there are thousands of people who think they belong to that magic circle or try to break in right now - it's another suckers' game.

Tero
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