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Technology Stocks : Apple Inc.
AAPL 273.67+0.5%Dec 19 3:59 PM EST
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To: Spytrdr who wrote (11807)4/19/1998 12:40:00 AM
From: Phillip C. Lee  Read Replies (1) of 213177
 
Leonardo,

I don't know if you know there is an investing company called Shaw's
Inc., who did most on the short term investing, even they did lots
of currency enchange difference applied on stocks. He was a professor
in U. of Columbia, majoring in computer science. He used to develop
super-computers. What they did is to gain lots of very short term
investment (2 hours to 1 day) and get quick profits. The principle
on their running business is to use their complex models to determine
the obvious short-term opportunity of profits. They can accumulate
their unlimited small gains to become a big winner. From this case,
you will see a significant number of MMs still play with small gains
in a very short time and aggregate all to make a fortune. As an
individual investor, he doesn't have model to run and no enough
cash to push the price. Therefore, those small investors had better
hold it for long period of time to avoid those disadvantages.

Phil
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