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Technology Stocks : Varian Semiconductor Equipment Associates -- VSEA

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To: BMcV who wrote (1133)10/30/2000 12:15:54 PM
From: Proud_Infidel  Read Replies (2) of 1929
 
I simply cannot believe that people are selling at sub $19 after the report we saw last week. Since 89% of the float is owned by Institutional Investors, it is not you or I or anyone on this board driving prices to these insane levels.

The Institutional Investors are people who should be Institutionalized, and are definitely not "investors" in any sense of the word.

investor
A person who purchases income-producing assets. An investor—as opposed to a speculator—usually considers safety of principal to be of primary importance. In addition, investors frequently purchase assets with the expectation of holding them for a longer period of time than speculators.


BK
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