The following article about Dines could have been taken from an Allen Benn post. Although Allen has already identified the probable leader. See some of these posts on this thread:
Competition
20, 28, 29, 30, 31, 43, 51, 90, 91, 96, 101, 105, 114, 125, 128, 111, 116, 136, 186, , 218, 242, 318, 317, 338*, 342, 611, 648, 650, 655, 656, 658, 661, 663, 664*, 667, 668, 670, 712, 748, 776, 778*, 1187, 1204, 2284, 2336, 2338, 2340, 2337, 2344, 2379, 2388, 2382, 2447, 2647, 2964, 2974*, 3823*,
Franchise, "Winner takes all", Competition, Barriers to Entry
218, 245, 252, 261, 262, 268, 342, 746, 795, 1134, 1182, 1896*, 2566*, 3172, 3074, 3076, 3093, 3094, 3104,
Microsoft
280, 281, 388, 389, 390, 391, 394, 396, 397, 398, 425, , 445, 454, 455, 481, 488, 533, 538, 546, 744, 745, 748, 750, 753, 758, 759, 792, 806, 834*, 835, 846, 850, 853, 856, 861, 862, 865, 867, 884, 890, 900, 902, 972, 973*, 974, 975, 976, 983, 987*, 988, 989, 991, 1002, 1136, 1253, 1263, 2178*, 2179, 2191, 2195, 2394, 2398, 2445, 2605, 2604, 2771, 2813, 2814, 2816, 2817, 2818, 2821, 2883, 2930, 2937, 2938*, 2963, 2970, 2974, 2977, 2978*, 2981, 2982, 2983*, 2988*, 2989, 2992, 2995, 2996, 2997, 3005, 3008, 3009, 3013, 3018, 3019, 3021*,3024*, 3040, 3044, 3054, 3062, 3093, 3105, 3162, 3188, 3202*, 3230, 3240, 3244*, 3247, 3261, 3338, 3395, 3518, 3649, 3698, 3823*, 4314, 4388, 4476,
Seems like we are getting validation. Maybe the stock will respond.
"...Dines makes an eloquent case for further gains in online stocks.
His three premises go like so:
"The Internet is the biggest thing since the Gutenberg Bible of 1455."
"The Internet will redefine every business on earth."
"The smart way to play the Internet group is to buy the probable leader by picking a basket."
The way to pick Internet stocks? Looking at management,
studying stock charts and ignoring mass psychology," Dines
says. "I wrote the book on mass psychology. The real bubble
isn't the Internet stocks, it's the currencies -- no one is calling
that a bubble." Many currencies are antiquated instruments that
are cruising for a bruising, he says. Major currency rates
Here is how mass psychology works, according to Dines: "I am
very excited about Sportsline (SPLN). I heard (CEO Mike) Levy
talk in Utah the other week at the Snowbird investment
conference and what I noticed is that the room was virtually
empty. And that is mass psychology. A lot of analysts still
haven't come on board that stock, and they will." CBS Corp.,
part owner of CBS Sportsline, owns a significant interest in the
publisher of this site...."
cbs.marketwatch.com
BTW. I like the slogan: "How smart things think". Wind River should adopt it. |
