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Politics : Ask Michael Burke

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To: accountclosed who wrote (48049)	2/20/1999 12:46:00 PM
From: Skeeter Bug	Read Replies (1) of 132070

roq, anybody who has been in the market 6 months and has 2 connected synapsi, imho, understands the utter innefficiency of the market. the reason? good research can expose the truth. stock price is mass perception. they frequently are so far apart as to be comical. what impacts perception? did it go up yesterday? are my friends talking about it? what the 10q says? NOT! analysts don't even read them anymore... what the analysts say? to rephrase, what the company management says? psssssssssst - to all the naive folks, they have a vested self interest in the polyana view, even if its occurrence is highly unlikely in the set of all outcomes. garbage in, garbage out. yes, that is why there is a wreak...

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