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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST

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To: stock bull who wrote (5469)4/15/1999 9:05:00 PM
From: mauser96  Read Replies (2) of 17183
 
There are all sorts of institutions, but if mutual funds are an example, they don't have any better insight than a lot of SI posters. If they are so smart,if they really know what's going on, why do most of them fail to beat the S&P 500? Any large institution has inherent problems with purchases driving up the price and sales pushing down the price. It takes a very clever manager to overcome this problem. Most of them are just as prone to "group think" as anybody else. Of course there is always the exceptional institutional manager, but by definition they are rare.
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