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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Jane4IceCream who wrote (62734)11/15/2000 7:38:18 PM
From: If only I'd held  Read Replies (2) of 122087
 
One more thing Jane...

"I mean, they would have never invested in the company and the technology if they knew they were investing in junk...right?"

Wrong. I recommend you check into the term "the greater fool theory".

Simply put, INTC, Putnam, SBC, etc...invest to make money. I doubt they really give a hoot about the technologies. And they don't usually go into the open market and scoop up their positions. See 'em buying more at these prices?
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