Amati vs Westell, DMT vs CAP ADSL Message Board

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Technology Stocks : Amati vs Westell, DMT vs CAP ADSL

WSTL 6.030

-2.7%

Jan 9 9:30 AM EST

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To: Glenn Omura who wrote (547)	7/11/1996 10:21:00 AM
From: Techie	of 1365

>>>What is the causal direction? I've noticed the same correlation, but I think the direction is recursive (meaning that the variables feed on one another). Most posts seem to be from netters who have ALREADY bought the stock, but these people psyche others into buying...my guess. The net seems to create evangelistic stock owners. Glenn, the following comments are strictly for Amati threads because I don't regularly read any other well attended threads. My take is, there are few regular posters (myself included) who read & post regardless of their current holdings. Some others appear and disappear based on their holdings. But when I see a large number of newcomers, I interpret that as renewed interest in the stock (either for going long or short). I also think there are lots of 'silent' readers who may end up buying the stock in question when they see many posts on a particular thread figuring it's a popular stock bound to move.... I may be reading too much into this, but this is my interpretation.

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