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Technology Stocks : Network Appliance
NTAP 115.99+1.1%3:59 PM EST

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To: JakeStraw who wrote (6235)2/8/2001 10:54:05 AM
From: Uncle Frank  Read Replies (1) of 10934
 
>> Too many novice investors around here who first off think markets only go up...

Some experienced ones, too. Hey, I think I'm one of them <gg>.

But in order to accurately represent my thinking, you'd have to amend the phrase to read to "stocks of great companies only go up over the long term". The trick is to identify a great company like ntap and then have lots of patience.

>> ... and secondly if someone posts something slightly negative here on SI that it's gonna move a stock down.

While it's been proven that stock board trash talk or hype can influence short term valuations for thinly traded penny stocks, it can't do anything to a stock like ntap. That doesn't stop some idiots from trying, though (just check out the Cisco thread). But based on your posting history, I'm 100% sure that wasn't your intention. That's the nice thing about having archives attached to folk's profiles - it makes it real easy to figure out who's a good guy and who's a rascal <gg>.

uf
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