Kulicke and Soffa Message Board

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Technology Stocks : Kulicke and Soffa

KLIC 37.57

-3.7%

3:59 PM EST

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To: Robert Griffin Gregory who wrote (3939)	7/23/2000 9:11:30 PM
From: scott_jiminez	Read Replies (2) of 5482

Robert - you should not be surprised at all that the thrust of posts subsequent to yours were primarily focused on one topic: extremely short term perspectives. Your post was, in effect, ignored. Your points are obviously true and wise and 95% of SI participants should take them to heart. The 'life ain't fair' perspective and the essential irrational behavior of markets are fundamental truths. Unfortunately everyone pays lip service to these sentiments; the fact there are 14 million+ posts on SI shows the undeniable futility of your stance. Your argument, as you acknowledge, describes a tautology: if it weren't for the propensity of the vast majority of current investors to seek simplistic and immediate explanations for day-to-day stock gyrations, SI simply wouldn't exist (regardless of all those inane declarations to the contrary). The idea that stock movements - even dramatic ones - are often stochastic events is, of course, true. Attempting to convince 95% of investors of this maxim is virtually impossible. You are unquestionably right and I completely agree. Unfortunately it is, once again, the sound of one hand clapping.

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