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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 142.62+2.2%Nov 21 9:30 AM EST

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To: Ian@SI who wrote (3630)12/2/1997 11:43:00 AM
From: LLCF  Read Replies (1) of 10921
 
Although I agree with your assertion about beating the DOW, pooh poohing people investing in technology stocks doesnt make sense. Anyone with enough forsight to hold onto any number of winners over the past 10 years has returns that so outperform the dow or any other benchmark its silly to even compare.

Also:

<Historically, the Dow has beat more than 3/4 of the fund managers. Recently, more than 85% of the fund managers have been beat by the Dow. And using the "Beating the Dow" system as implemented by the Motley Fools has beat 96% of the fund managers during the past 3 years.>

Be careful... on paper any index beats most money managers... the second part is probebly not even statistically significant (past 3 years). Also, check the methodoldgy used...if its not a real portfolio there are tons of costs being left out that money managers OR individual investors must take into account that ARENT in a lot of these "systems".

DAK
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