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Technology Stocks : Dell Technologies Inc.

DELL 133.78

-0.1%

Nov 14 9:30 AM EST

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To: stockman_scott who wrote (122836)	5/6/1999 4:08:00 PM
From: Chuzzlewit	Read Replies (2) of 176387

So if the big boys are so smart, and manipulate the market so effectively, how come 90% of the funds (these are the big boys) under-perform the market? Answer: they aren't that much smarter and they're not manipulating the markets. If they were they would have much higher portfolio turnover rates than they do. A second point to consider: how is it possible to profit on price manipulation in a widely traded issue like DELL with over 100 market makers? Answer: it isn't because the required number of conspirators would be legion. I think there is entirely too much paranoia on this thread. I would guess that a lot of the volatility is coming from day traders. TTFN, CTC

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