Interdigital Communication(IDCC) Message Board

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Technology Stocks : Interdigital Communication(IDCC)

IDCC 376.61

-1.1%

9:48 AM EST

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To: Bobby Yellin who started this subject	12/3/2002 12:23:38 AM
From: Gus	Read Replies (1) of 5195

Nobody is supposed to be a bear market virgin anymore but it appears from today's minor fireworks that the investors who have yet to learn NOT to love or hate individual stocks need to hear the story of Procrustes again.<g> A useful tale of self-serving biases from the Ancient Greeks: Procrustes (proh-KRUS-teez) Procrustes was a host who adjusted his guests to their bed. Procrustes, whose name means "he who stretches", was arguably the most interesting of Theseus's challenges on the way to becoming a hero. He kept a house by the side of the road where he offered hospitality to passing strangers, who were invited in for a pleasant meal and a night's rest in his very special bed. Procrustes described it as having the unique property that its length exactly matched whomsoever lay down upon it. What Procrustes didn't volunteer was the method by which this "one-size-fits-all" was achieved, namely as soon as the guest lay down Procrustes went to work upon him, stretching him on the rack if he was too short for the bed and chopping off his legs if he was too long. Theseus turned the tables on Procrustes, fatally adjusting him to fit his own bed. mythweb.com

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