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Politics : Formerly About Applied Materials
AMAT 225.67-3.4%11:20 AM EST

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To: Katherine Derbyshire who wrote (25647)10/23/1998 5:57:00 AM
From: Duker  Read Replies (2) of 70976
 
I agree.

Having come from the other side, the conspiracy theory of Portfolio Managers colluding to drive up stock prices is a bit of a stretch. I am sure it would be better reduced to the goofy momentum driven perspective these people have: what is that green one on my screen ... semiconductor-tech-cap-thing ... prices moving ... can't afford to miss 'em ... don't know what they do ... kinda remember that they move quickly ... looks like it is bouncing on the chart ... easy ticker to remember ... can use the "ol' industry leader cliche" ... feeling smart as I bid the thing up ... ooohhh, doughnuts ... I think I'll buy another couple Zenga suits this afternoon ...

I will add that the "talking on the golf course" part of the theory is definitely true ... How I miss those free rounds of golf ...

--Duker
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